The sky is not falling on Victor Cruz, and those calling for the Giants to cut their losses and move on from him should chill the heck out.

There is nothing Pollyanna about stepping away from the naysayers and mounting gloom and doom surrounding Cruz’s comeback, nothing naïve about preaching patience here. Sure, the prolonged waiting game last season, the ultimate shock of losing him for all of 2015, cannot be ignored when dealing with this latest setback.

Sometimes, where there is smoke, there is fire. Sometimes, it is merely smoke and easy to douse.

All eyes Wednesday will be on Cruz when the Giants take the field. If he is with his teammates, working in individual and a few team drills, the clock can restart. If he is off to the side, jogging more than running, the optic will appear dimmer than the reality. If, even worse, he is nowhere to be seen, remaining inside for treatment, well, hold the phone, we have panic on the line.

Ben McAdoo, the first-year head coach, set this scenario in motion when he described Cruz’s sore groin as “the hiccup.’’ McAdoo relayed the Giants are “hoping to get him some work on Wednesday.’’