Crypto Market Fear Index 29! Is it a trap or a bottom-buying signal? ๐๐งง๐งง
Family, who understands ah! The crypto market on December 11th is so exciting ๐ฅ
Alternative's latest data shows that the Fear and Greed Index has soared to 29! Although still in the 'Fear' range, it has risen by 3 points from yesterday's 26, creating the highest value in a month ~
As a sentiment indicator in the crypto world, this index is not made up! Hidden within the 0-100 scale are 6 core indicators:
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Volatility (25%) + Market Trading Volume (25%): Hard data accounting for half, reflecting the market's true fluctuations
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Social Media Popularity (15%) + Market Research (15%): Capturing Retail Sentiment and Institutional Attitudes