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The Crypto Fear Index drops to 23, returning to the "Extreme Fear" zone

MarsBitNews
Mars Finance News, June 2nd, according to Alternative Data, today’s cryptocurrency Fear and Greed Index is 23 (yesterday was 29), which has returned to the "Extreme Fear" zone. Note: The Fear and Greed Index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin’s proportion in the overall market (10%) + Google search trend analysis (10%).
BTC-4.02%
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MintAfterCoffee
· 1h ago
If this index could be shorted, I would have been financially free long ago.
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PurpleMistLily
· 4h ago
Volatility weight 25%? This metric is designed quite cleverly.
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YieldKaraoke
· 4h ago
That so-called “panic index” thing—just look at it for laughs. If you really believe in it and trade based on it, you’ll probably be down pretty early.
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PickingUpAirdropsInTheFog
· 4h ago
Social media popularity is only 15%, no wonder there's a lot of criticism on Twitter and the index is still so low.
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AirdropCartographer
· 4h ago
Google trending keywords analysis 10%, indicating retail investors are still searching for "Is Bitcoin dead"
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GateUser-76dcd439
· 4h ago
Every time there's extreme panic, it's a celebration for seasoned investors and a nightmare for new investors.
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GateUser-83a2dd8a
· 4h ago
Falling from 29 to 23, this speed is even faster than my position is dropping.
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Don'tMessWithSlippage.
· 4h ago
It's 2023, familiar extreme panic, familiar bottom-fishing opportunities.
View OriginalReply0

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