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The "greedy" sentiment in the crypto market has cooled down and has returned to a "neutral" level.
On May 1, according to Alternative data, today’s Crypto Assets fear and greed index is 53 (down from 56 yesterday), indicating a cooling of “greed” sentiment in the market, which has now returned to a “neutral” level. Note: The fear index threshold is 0-100 and includes indicators: Fluctuation (25%) + market volume (25%) + social media popularity (15%) + market survey (15%) + Bitcoin’s proportion in the overall market (10%) + Google Trends analysis (10%).