I can maybe understand the panic a little more for the European side because the situation is right there at their doorstep, but they too are ramping up the panic. The only person who is trying to remain calm is Ukraine's president Zelensky, although he still acknowledges the situation could become dangerous.
Also, I feel like if Russia wanted to invade some other country for whatever beef they had with them we would not care nearly as much. Just for example if it were Ethiopia, India, Brazil, etc. for whatever reason Russia would want to invade them, I think we wouldn't care that much.