The Bitcoin Fear & Greed Index is at 10. It was last this low in early June, when BTC was around $63K. But the bottom didn’t arrive until over three weeks later—on July 1st, at $57.8K. Extreme fear doesn’t automatically mean the bottom has been reached. Last summer, it was more like the beginning of a base formation. Tonight, prices dropped as low as $62K; we’re now back near $65K.