Market sentiment remains heavily tilted toward fear, with the latest fear and greed index reading of 24 reflecting investor anxiety. This marks a modest 3-point uptick from the previous session, yet the metric continues to signal extreme fear conditions across the cryptocurrency market.
The broader sentiment picture underscores ongoing caution: the 7-day rolling average sits at 17, while the 30-day average registers at 21, according to Coinglass data. These metrics suggest that despite the marginal daily improvement, the overall fear and greed index trends remain firmly entrenched in deeply pessimistic territory.
The persistence of extreme fear in the fear and greed index reflects lingering market uncertainties and risk-averse positioning among traders and investors. Recovery from such depressed sentiment levels typically signals potential shifts in market dynamics ahead.
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Fear & Greed Index Climbs to 24 Amid Persistent Market Pessimism
Market sentiment remains heavily tilted toward fear, with the latest fear and greed index reading of 24 reflecting investor anxiety. This marks a modest 3-point uptick from the previous session, yet the metric continues to signal extreme fear conditions across the cryptocurrency market.
The broader sentiment picture underscores ongoing caution: the 7-day rolling average sits at 17, while the 30-day average registers at 21, according to Coinglass data. These metrics suggest that despite the marginal daily improvement, the overall fear and greed index trends remain firmly entrenched in deeply pessimistic territory.
The persistence of extreme fear in the fear and greed index reflects lingering market uncertainties and risk-averse positioning among traders and investors. Recovery from such depressed sentiment levels typically signals potential shifts in market dynamics ahead.