Recently, Bitcoin has led the market down, and the crypto market is once again shrouded in panic. In the past 7 days, the cryptocurrency Fear and Greed Index fell to 10, marking a new low since June 2022, which is in the extreme fear level.

I have organized some information to look at the cyclical fluctuations in the crypto market over the past few years, examining key factors that triggered panic moments, including macroeconomics, internal industry crises, speculative bubble bursts, and regulatory pressures.