Bitcoin Dips Below $100,000 Amid Sentiment-Driven Correction, Network Fundamentals Intact

Bitcoin fell below $100,000 this week, pushing the Fear & Greed Index to 21 and erasing bullish forecasts in the $150,000–$200,000 range. Despite the sharp drop in investor confidence, on-chain data shows network fundamentals remain solid. Exchange withdrawals have increased, hash rate holds near 1.1 ZH/s, and $10.7 billion in stablecoins flowed into Binance, indicating the decline reflects sentiment rather than structural weakness.