[Analyst: Binance Hack Impacts Market, Fear & Greed Index Drops to Lowest Level Since August] Odaily Planet Daily reports that crypto analyst Darkfost stated that market sentiment deteriorated significantly within a single day, with the Fear & Greed Index dropping from 51 (neutral) to 30 (fear), its lowest level since mid-August. During the same period, Bitcoin fell approximately 4% to 5% in 24 hours, briefly touching a six-week low near $76,500; Ethereum fell below $2,200, with over $1.6 billion in liquidations occurring in the past 24 hours. Darkfost points out that historically, periods of market pessimism often correspond to opportunities for accumulation, but the current index of 30 only represents fear and has not yet entered the extreme fear zone below 25, suggesting that market sentiment may continue to be under pressure. Furthermore, this decline was partly triggered by the $6.3 billion Binance hack and not entirely due to a significant deterioration in market fundamentals.