Santiment reports that the crypto market has not yet shown sufficient panic to confirm a market bottom. Founder Maksim Balashevich highlighted that true market bottoms typically lack optimism about short-term reversals. Bitcoin, currently at $88,000, could potentially drop to $75,000, marking a 14.77% decline. Previously, a rate hike by the Bank of Japan led to a 20% correction in Bitcoin's price. Fidelity's Jurrien Timmer projects Bitcoin could reach $65,000 by 2026. Meanwhile, the fear and greed index remains in extreme fear, scoring 20. Traders are advised to keep an eye on altcoins amid the ongoing market uncertainty.