A notable sentiment indicator in the cryptocurrency market has shown signs of improvement, moving out of the “extreme fear” category on Friday, despite Bitcoin’s value staying below the $90,000 mark. The Crypto Fear & Greed Index registered a score of 29, marking its highest reading in three weeks and the most significant level since December 12.
At the time of the report, Bitcoin was trading at approximately $88,995. This shift in sentiment is particularly notable given that the index spent nearly two months in the “fear” or “extreme fear” zones.
Crypto entrepreneur Brian Rose commented on the current market landscape, describing it as an attractive setup. In a post on the social media platform X, he stated, “Risk/Reward is the best it has ever been.” His observations suggest that the prolonged period of fear has been more extensive than the sell-off experienced in April 2025, which followed then-President Donald Trump’s announcement regarding global trade tariffs.
As the market approaches 2026, analysts at Santiment reported mixed sentiments among participants. They noted that while some investors lament personal losses, others are celebrating gains in the crypto space and highlighting the resilience of the community.
In addition to the improved sentiment reflected in the Fear & Greed Index, other market indicators suggest a cautious stance among investors. The Altcoin Season Index from CoinMarketCap showed a “Bitcoin Season” score of 23 out of 100 on Friday. This measurement assesses the performance of the top 100 altcoins relative to Bitcoin over the past three months, indicating a risk-off positioning prevailing among crypto traders.
As the market navigates these mixed signals, observers will be watching closely to see if the positivity in sentiment can translate into sustained price recovery for Bitcoin and other cryptocurrencies in the coming months.
