The average Fear and Greed Index over the past week was only 10, indicating the market remains in a state of extreme fear.
Jinse Finance reported, according to Alternative data, today the cryptocurrency Fear & Greed Index is at 13 (compared to 11 yesterday), with last week's average at 10, indicating the market sentiment is in an extreme fear state. Note: The Fear & Greed Index ranges from 0-100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + bitcoin's proportion in the overall market (10%) + Google trending keywords analysis (10%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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