#CryptoMarketPullback The crypto market is currently experiencing a significant correction as we enter February 2026. After a volatile January, the "Extreme Fear" sentiment has taken hold, with Bitcoin slipping to 9-month lows and the broader market shedding billions in value.
Below is a detailed breakdown of why this pullback is happening and what the technicals are signaling.
📉 Market Status: The "Extreme Fear" Phase
As of February 2, 2026, the Crypto Fear & Greed Index has plummeted to a staggering 14, indicating deep anxiety among investors.
Bitcoin (BTC): Trading near $77,000, down si