Market sentiment has plunged to a freezing point, with the Crypto Fear & Greed Index dropping to 12.
22 minutes ago
According to data from Alternative, today’s Crypto Fear & Greed Index dropped to 12, down from 20 yesterday. The market has remained in the "Extreme Fear" zone for multiple consecutive days, with sentiment hitting rock bottom. The cryptocurrency market is sentiment-driven: greed dominates during price rallies, while fear takes over when prices fall. In bull markets, investors often buy blindly due to FOMO (Fear Of Missing Out); in bear markets, they tend to sell irrationally out of panic. The Fear & Greed Index is designed to help people cut through emotional noise and view the market in a calmer, more rational, data-driven manner. Note: The index ranges from 0 to 100, with weighted components as follows: Volatility (25%), Market Volume (25%), Social Media Buzz (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).
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