Market Fear Index drops to 16 again, six key dimensions interpret current sentiment

【Blockchain Rhythm】On December 19, the market panic sentiment continues to ferment. According to industry data tracking, the cryptocurrency fear and greed index today dropped to 16—yesterday it was 17, remaining in the extreme fear zone.

How is this index calculated? It mainly considers six dimensions: volatility accounts for 25%, trading volume also 25%, social media buzz and market surveys each 15%, Bitcoin market cap share 10%, plus Google search heat 10%. Combining these indicators, it reflects the current market sentiment—panic is still present. The lower the index, the more pessimistic the sentiment; a level of 16 indicates that many are still on the sidelines.