Crypto Fear & Greed Index just hit 17 – market sentiment is in freefall right now. We're talking extreme fear territory. The gauge that tracks whether traders are panicking or getting greedy has completely flipped negative. This kind of reading typically signals heavy selling pressure and capitulation across major trading pairs. When fear this intense grips the market, it usually means retail and institutional players are both hitting the exits. Worth keeping an eye on how long this lasts—historically, these extreme readings can mark inflection points, though timing the bottom is always the hardest part.