The Crypto Fear Index halves to 11, intensifying the "Extreme Fear" sentiment

Mars Finance News, June 3rd, according to Alternative data, today's cryptocurrency fear and greed index is 11 (yesterday was 23), with "extreme fear" sentiment rapidly intensifying during Bitcoin's decline. Note: The fear 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 trending analysis (10%).
BTC-3.54%
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NeonVortexTunnel
· 8h ago
With Bitcoin making up 10% of the weight, and now the altcoin market is awash in red—shouldn’t this indicator be adjusted?
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MirrorPetals
· 8h ago
Extreme panic = extreme opportunity, but only if you still have bullets.
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ThereAreCatsInTheContract.
· 8h ago
Yesterday 23, today 11, this speed is faster than my contract liquidation.
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GateUser-673fb6fa
· 8h ago
Social media buzz is only 15%, indicating retail investors haven't completely given up, and the bottom may not have been reached yet.
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GlassDomeRoaming
· 8h ago
Volatility weight of 25% is a bit high; this wave of volatility is indeed frightening.
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ProtocolPaladin
· 8h ago
As for the panic index, the more panicked people are, the more they want to buy; the greedier they are, the more they want to run. Human nature works in reverse.
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LittleSunOfStainedGlass
· 8h ago
It's already 11, should I buy the dip or wait a bit longer?
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