Data compiled by Woofun AI shows that the Crypto Fear and Greed Index has declined to 21, marking a one-point drop from the previous day's reading. This current level firmly places market sentiment in the 'extreme fear' zone, suggesting heightened caution among investors.

Meanwhile, broader historical metrics reinforce this bearish outlook. The index averaged 17 over the past seven days and settled at 20 for the 30-day period. These consistent low readings indicate that fear has become the dominant psychological driver in the cryptocurrency market, potentially signaling capitulation or significant risk aversion.