The Bitcoin extreme fear index has plunged to 14, a level last seen during the 2022 bear market when Bitcoin's value dropped by 80% from its peak. This index, which gauges market sentiment through factors like volatility, trading volume, and social media activity, signals a potential warning for investors. Recent developments include a $250 million outflow from Bitcoin ETFs and a surge in social media attention to a four-month high. Additionally, Bitcoin has broken below the critical $99,000 support level. These indicators suggest the market may be at a capitulation point, historically associated with either major market bottoms or further declines.