Polygon Ecosystem Token (POL) has experienced a significant downturn, losing 4.51% against the US Dollar in the last 24 hours. This decline is part of a broader negative trend, with POL down 6.79% over the past month and a staggering 52.93% over the past year. Despite a medium-term bullish trend, the overall sentiment remains bearish, with 67% of indicators predicting further declines. The Fear & Greed index currently reads "Greed," suggesting potential market overvaluation. Investors should remain cautious as volatility persists, and the market outlook appears pessimistic.