**Crypto Market Getting Spicy: Fear Index Hits Rock Bottom**

Friday's crypto action was giving major "uh oh" vibes. BTC dropping 2.4% to $84,479, ETH sliding 3.8% to $2,736—but here's the real story: the Fear & Greed Index just tanked to **11 (extreme fear territory)**, lowest since late 2022. Market's basically in full panic mode.

Altcoin gang got hit harder—SOL down 4.8% to $127, XRP down 3.3% to $1.94. Whale liquidations going ham, adding fuel to the fire.

Deriv numbers tell an interesting tale tho: Bitcoin futures open interest dropped just 0.98%, while Ether futures took a harder hit (-2.50%). Liquidations were mostly **short positions** this round (different from recent days), suggesting traders are repositioning hard.

Bit of silver lining? Bitcoin's RSI at 31.32 is dangerously close to oversold—historically, that's when dead cat bounces happen. Funding rates still modestly positive, which usually means longs think there's upside coming.

News-wise: Coinbase just launched Ether-backed loans (borrow up to $1M USDC using ETH as collateral), and BitMine posted fat earnings ($328.2M net income) while planning to launch an Ethereum staking network in early 2026.

TL;DR—market's terrified, but the charts are starting to look spicy for a potential bounce.