Panic attacks are among the most intense psychological and physiological experiences encountered in clinical practice. Individuals experiencing panic attacks frequently report sensations of imminent death, loss of control, suffocation, dizziness, and overwhelming fear despite the absence of an objective external threat. Interestingly, many of the cognitive mechanisms observed during panic attacks resemble processes commonly associated with hypnotic suggestion. Negative expectations, catastrophic interpretations, selective attention, and involuntary acceptance of threatening internal messages may create a state resembling spontaneous negative hypnosis. This article explores the relationship between panic attacks and hypnotic processes, examining whether panic attacks can be understood as a form of naturally occurring negative self-hypnosis. By integrating findings from clinical psychology, cognitive neuroscience, behavioral science, and hypnotherapy literature, the study evaluates similarities and differences between panic phenomena and hypnotic states. The findings suggest that panic attacks involve cognitive and attentional mechanisms that closely resemble hypnotic processes, although important distinctions remain regarding awareness, voluntary participation, and therapeutic intent.