Fear Greed Index Is At 11, Which Means Extreme Fear

They say the market is extreme fear at the moment but why? What are the factors? Is it the parade day of Russia? Is it that some people are thinking crypto is over while we are in the beginning? What do you guys think? How do you feel at this moment about crypto / the market and what do you think that will happen to Bitcoin, will it drop below 30k? I am personally pretty comfortable by the market right now, this means I want to DCA the shit out of BTC but guess what and I am pretty sure that I am not the only one, FIAT is our problem right now. But for real, why do you guys think the market is down and will maybe go even down further? My advice is just to stop looking at the prices and just DCA.

Sorry for broken english, I am not a native speaker. Let me know!