The latest reading of fear and greed sentiment in cryptocurrency markets has climbed to 24, marking a modest 3-point uptick from yesterday’s level, according to data tracked by Coinglass. While this represents a slight recovery, the market remains firmly entrenched in extreme fear territory.
Looking at broader sentiment trends, the 7-day average hovers at just 17, indicating that short-term fear has been the dominant emotional driver this week. Meanwhile, the 30-day average sits at 21, suggesting that anxiety has characterized the longer-term landscape for the past month.
The fear and greed index, which measures market participants’ emotional state across multiple on-chain and social metrics, continues to signal deep uncertainty among crypto investors. The persistent low readings underscore how caution and pessimism have taken hold of the broader ecosystem, even as this latest daily uptick hints at emerging signs of stabilization.
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Crypto Market Sentiment Edges Higher Despite Persistent Fear Conditions
The latest reading of fear and greed sentiment in cryptocurrency markets has climbed to 24, marking a modest 3-point uptick from yesterday’s level, according to data tracked by Coinglass. While this represents a slight recovery, the market remains firmly entrenched in extreme fear territory.
Looking at broader sentiment trends, the 7-day average hovers at just 17, indicating that short-term fear has been the dominant emotional driver this week. Meanwhile, the 30-day average sits at 21, suggesting that anxiety has characterized the longer-term landscape for the past month.
The fear and greed index, which measures market participants’ emotional state across multiple on-chain and social metrics, continues to signal deep uncertainty among crypto investors. The persistent low readings underscore how caution and pessimism have taken hold of the broader ecosystem, even as this latest daily uptick hints at emerging signs of stabilization.