1) The fear that a wild Karen is
lurking about in the vicinity of your area; the fear that the
female that is approaching you is a Karen.
2) The
fear of the human subspecies Karen.
Ex. 1)
"
Dude, why did you get so paranoid about the older ladies at the
park earlier today?"
"Sorry, that was just my Karenphobia kicking in. I thought one of those ladies was a Karen."
Ex 2)
"You've been hiding in the back quite a
bit today, coworker, is something wrong?"
"Not really, I just have Karenphobia."