Bitcoin’s market mood improved on Friday as the Crypto Fear & Greed Index climbed to 29, marking its first exit from extreme fear in about 21 days. Bitcoin was trading around $88,995 at the time of publication, with CoinMarketCap’s Altcoin Season Index showing a Bitcoin Season score of 23 out of 100, signaling a cautious risk stance across the sector.
The move higher comes after roughly eight weeks in fear or extreme fear territory, indicating a potential shift in trader sentiment even as Bitcoin remains just below the $90,000 level. Crypto entrepreneur Brian Rose published on X on December 28 that “Risk-Reward is the best it has ever been,” arguing that the market’s recent pullback setting has become attractive for buyers.
He noted that the fearful stretch was longer than the April 2025 sell-off that followed tariff-related announcements. Analysts and researchers have described the start of 2026 as mixed, with Santiment noting that market participants are conflicted—some mourn personal losses, while others celebrate crypto gains and community resilience. The Altcoin Season Index further underscored caution, reinforcing a selective risk approach as traders weigh Bitcoin’s relative strength against a broad set of altcoins.
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