Bitcoin slipped to its lowest level since May on Sunday before paring some losses, as sentiment across the crypto market remained locked in fear. The Crypto Fear & Greed Index stood at 10, in its dreaded band, after sitting at the same level on Saturday.
Bitcoin was trading around $95,087 at 6:20 PM UTC, down 1% in the past 24 hours after briefly dipping below $94,000 earlier in the day, its lowest point since May 6 based on TradingView data.
Across the majors, ether declined 3.23% to $3,113, XRP fell 2.1% to $2.21, BNB slipped 1.6% to $926.21 and Solana It fell 3.6% to $137.79.
Analysts see room for deeper declines
Crypto analyst Ali Martinez said At X Bitcoin broke into a channel, suggesting that the move could open the door to a potential slide towards $83,500.
Analyst Benjamin Cowen mentioned Bitcoin registered a sharp cross, adding that previous examples were often marked by local lows. He said that Bitcoin needs to bounce within the next week for the cycle to remain intact and warned that a failure to do so could lead to another drop before any bigger rally back to the 200-day moving average. Cowen urged entrepreneurs to “trade the market you have, not the market you want.”
Retail panics indicate a potential reversal
Market Intelligence Platform Sentiment said Bitcoin discussion rates surged to a four-month high on Friday’s slip below $95,000, pointing to elevated retail fears. The firm said such surges in social dominance could increase the likelihood of market returns, although it stressed the pattern is not a guarantee.
Michael Saylor hints at a big Bitcoin purchase
Strategy (MSTR) Executive Chairman Michael Saylor signed The company will announce the latest Bitcoin acquisition on Monday, posting the phrase “Big Week” in X, while attaching a screenshot from StategyTracker, the leading real-time Bitcoin Treasury analytics platform.
Gold extended its lead among digital assets
Market strategist Charlie Bilello pointed out that gold is up 55% this year, calling it the best-performing major asset of 2025, while calling Bitcoin—up nearly 1%—the worst-performing major asset. He described the change as the opposite of 2013 and noted such a change had not appeared in any previous calendar year.
