These days, the Bitcoin market sentiment is really serious. Looking at the past year, the fear and greed index has been hovering around 30%, which shows how extreme the fear is among investors. Recent data shows that market sentiment has slightly risen to about 50%, but the bearish sentiment is still strong. The fact that the fear and greed index is so low means that most people have a very negative view of Bitcoin. Personally, I think that such extreme fear lasting for a long time is unhealthy. It seems like a good time to frequently check market sentiment indicators and monitor Bitcoin movements.