The market sentiment continues to cool down, and the cryptocurrency fear and greed index has dropped to 44
According to Alternative data, the Cryptocurrency Fear and Greed Index has dropped to 44 today (the average last week was 68), shifting market sentiment from "greed" last week to "fear".
Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Volume (25%) + Social Media Heat (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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