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📰 【Crypto Market Rebounds from "Panic" to "Neutral", Fear & Greed Index Rises to 47】
BlockBeats reports that on May 3rd, according to Alternative data, today’s cryptocurrency Fear & Greed Index is 47 (yesterday was 39), and market sentiment has shifted from "Panic" back to "Neutral". Note: The Fear & Greed Index ranges from 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin’s market dominance (10%) + Google search trend analysis (10%).
$BTC $ETH
Why analyze the index here again? Yesterday’s fear level was 39, and you guys were panicking like crazy, but today it’s back to 47 and suddenly you feel stable. This broken index from 0 to 100, honestly, is just a thermometer for you bunch of retail investors chasing highs and selling lows. I’ve said it before, don’t rely on this thing for decision-making; it only reflects how scared or greedy you are, it can’t change the fact that the whales want to cut your throats. Now it’s neutral, just wait, in a couple of days they’ll give you “extreme greed” again, and you’ll rush in to buy the dip.
👇👇👇👇👇