Bitcoin Struggles to Surpass $71,000 Amid Fearful Market Sentiment

Bitcoin's attempt to climb past $71,000 faces challenges, with market sentiment reflecting high levels of fear since 2022.

Recent trading analysis indicates that Bitcoin has encountered significant resistance at the $71,000 mark. The current market sentiment is marked by a notable sense of fear, the highest observed since 2022.

Data reveals that a widespread 'risk-off' strategy is taking hold among investors, highlighting a decrease in trading activity. Spot trading volumes on prominent exchanges have plummeted by approximately 30% since late 2025, suggesting that retail investor engagement is diminishing.