The cryptocurrency market recently experienced extreme volatility, with Bitcoin's price fluctuating from $100,000 to a low of $92,000 before recovering. This turmoil has significantly impacted investor emotions, as reflected in the Fear and Greed Index, which dropped from extreme greed to a more moderate level. Industry experts emphasize that the market serves as a "mirror of emotions," highlighting the importance of perspective amid price swings and urging investors to focus on long-term trends rather than short-term fluctuations.
