【Blockchain Rhythm】 The market has been quite interesting lately. Yesterday, there was a lot of panic, with the Fear and Greed Index at only 26, deep in “Extreme Fear.” But just overnight, by early this morning, the index jumped to 48, firmly escaping the quagmire of fear and entering the “Neutral” zone. What does such a sharp increase indicate?
This index is not calculated randomly; it is supported by six dimensions: volatility (the largest at 25%), trading volume (25%), social media buzz (15%), market surveys (15%), Bitcoin’s market weight (10%), and Google search trends (10%). Overnight, all these indicators have risen, indicating that market sentiment is genuinely improving—trading activity has increased, discussion heat has risen, and although volatility still exists, the direction is becoming clearer.
While 48 isn’t yet considered greedy, the rapid jump from 26 to 48 is enough to show that the market bottom psychology is quickly recovering. Whether it can continue to rise depends on subsequent trading volume and market movements.
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Cryptocurrency market sentiment reversal: Fear index surges by 22 points in one day, shifting from extreme fear to neutral
【Blockchain Rhythm】 The market has been quite interesting lately. Yesterday, there was a lot of panic, with the Fear and Greed Index at only 26, deep in “Extreme Fear.” But just overnight, by early this morning, the index jumped to 48, firmly escaping the quagmire of fear and entering the “Neutral” zone. What does such a sharp increase indicate?
This index is not calculated randomly; it is supported by six dimensions: volatility (the largest at 25%), trading volume (25%), social media buzz (15%), market surveys (15%), Bitcoin’s market weight (10%), and Google search trends (10%). Overnight, all these indicators have risen, indicating that market sentiment is genuinely improving—trading activity has increased, discussion heat has risen, and although volatility still exists, the direction is becoming clearer.
While 48 isn’t yet considered greedy, the rapid jump from 26 to 48 is enough to show that the market bottom psychology is quickly recovering. Whether it can continue to rise depends on subsequent trading volume and market movements.