Market sentiment hits new lows again, with the panic index dropping to 20, reaching a new extreme panic record

【Crypto Rhythm】Latest data shows that the Cryptocurrency Fear and Greed Index on January 1st has dropped to 20, lower than the previous day's 21, indicating that the market has already fallen into a state of "Extreme Fear."

How is this index calculated? In simple terms, it combines six key dimensions: volatility (the largest at 25%), trading volume (also 25%), social media buzz (15%), market surveys (15%), Bitcoin's dominance in the entire crypto market (10%), and Google search trend analysis data (10%).

What do these numbers reflect? When the index continues to decline within the range of 0-100, especially dropping into extreme values like 20, it indicates not only intense market volatility and low trading activity but also a decline in public sentiment and market participation. Investors' anxiety has spread from on-chain data and trading behaviors to discussions across the entire ecosystem.

BTC-1.26%
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