The cryptocurrency panic and greed index reached 90, and the market fell into extreme greed
Alternative data showed that today's cryptocurrency panic and greed index was 90 (yesterday was 82), the first time it reached 90 since February 2021, and the market was in a state of extreme greed.
Note: The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market survey (15%) + bitcoin's proportion in the entire market (10%) + Google hot word 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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