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Today's fear and greed index has dropped to 17, hitting a new low since July 2022

Today's fear and greed index has dropped to 17, hitting a new low since July 2022

Bitget2024/08/06 00:58

Alternative data shows that the Fear and Greed Index today is 17 (yesterday was 26), dropping to a new low since July 2022. The market sentiment is currently in "extreme fear".

Note: The threshold of the Fear Index 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%). In the Fear Index, 0 represents "extreme fear", while 100 represents "extreme greed".

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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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