Bitcoin Fear and Greed Index trends down as bulls step back – what now?

The Bitcoin market sentiment has turned increasingly fearful, with the Fear and Greed Index at its lowest in four months. However, Bitcoin maintains stability above $92,000, reassuring bulls despite declining engagement and stablecoin inflows.

The long-term outlook for Bitcoin remains bullish, yet buying pressure has decreased over recent weeks. Traders should be cautious but not panic, as potential buying opportunities may arise if Bitcoin dips into the $88,000-$90,000 range.

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