Crypto Fear Index at 29, but Bitcoin at 67k. This contradiction perfectly reflects the current market reality—sentiment feels like a bear market, but prices don’t look like one. Binance Fear & Greed Index climbed back to 29 from last week’s 23, seems like it’s “improved” a bit. But zooming out, it hit a low of 5 (extreme fear) on Feb 6 this year, while last May it was still at 76 (greed). From greed at 76 to fear at 29, it took less than a year. Total market cap is stuck at $2.3 trillion, not moving. Liquidity is drying up, but no one’s dumping—maybe those who wanted to leave already left early. The key thing is attention is shifting. Companies that switched to mining a few years ago are now basically all diving into AI. Crypto players scrolling Twitter aren’t looking at candlesticks anymore, they’re checking out Claude and GPT. The most boring part? No one cares whether it’s a bear market anymore.