Crypto Market Sentiment Recovers from Weekend Downturn, Returning to "Greed"
According to ChainCatcher, citing Alternative data, today’s Crypto Fear and Greed Index stands at 64 (compared to 53 yesterday), indicating that market sentiment has quickly rebounded to "Greed." Yesterday, market sentiment dropped to neutral for the first time in nearly a month.
Note: The Fear and Greed Index ranges from 0 to 100 and is composed of the following indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin’s dominance in the overall market (10%), and Google trend 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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