The crypto market fear index continues to decline to 23, with extreme fear persisting

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【BitPush】The crypto market’s Fear and Greed Index dropped to 23 today (yesterday was 24), still in the extreme fear zone. This index ranges from 0 to 100 and covers six dimensions: volatility (25%), market trading volume (25%), social media activity (15%), market survey feedback (15%), Bitcoin’s market weight (10%), and Google search trend data (10%). These indicators together form a barometer of overall market sentiment. From the index trend, it appears that market participants’ panic has not significantly eased.

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ChainPoetvip
· 6h ago
It's been dropping even at 23, what are they waiting for? Another day of extreme panic, I'm used to it. Fine, I'll just sit back and watch this round. The index is so low, but I'm actually... looking forward to a rebound? Panic to this extent, is it not the bottom or what? Scrolling through this data every day is pretty tiring, why haven't we recovered yet? Should have bought the dip when it was at 23, now I regret it. Let's all sink together. Really? With such bad market sentiment, are people still buying?
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OnchainUndercovervip
· 6h ago
Damn, 23? Now I'm really panicking. Wait, why are these numbers so outrageous? Volatility accounts for a quarter, trading volume is also a quarter. It feels like nothing else matters except these two? It's another extreme panic, extreme every day. When will it stop being extreme? The index has been so low all along, should I start buying the dip... or is it safer to just stay flat? 23? Looking at it, 2024 seems to be stuck in this range all year. I'm overwhelmed, for real.
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ThreeHornBlastsvip
· 6h ago
23 really has no hope left; this panic level can't be eased anytime soon. --- With such high volatility, who dares to buy in? I truly can't understand this market. --- Dropped another point? Feels like this index is heading straight to the bottom. --- So, everyone is just terrified now. --- These six dimensions combined tell one thing: the market sentiment is shattered. --- I'm a bit tempted to buy the dip but afraid of getting caught with a falling knife. It's uncomfortable. --- If the index continues like this, the bottom hasn't arrived yet. --- Extreme panic. Should it rebound or keep falling? Can anyone tell me? --- What does it mean that even the hot search keywords are falling? Everyone has already run away. --- Seeing the number 23 gives me the creeps. When will it return to a normal range?
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BTCWaveRidervip
· 6h ago
23 again, dropping further. This wave is truly a state of extreme panic, no escape. It’s been bouncing between 23 and 24. When will it finally turn around? Volatility and trading volume account for half of the weight. Both are definitely underperforming right now. Honestly, how brave do you have to be to buy the dip now? With the index so low, should we consider a contrarian approach? Market sentiment is so poor, the bottom is probably not far away. Really, just looking at these data points makes me exhausted. When will we see greed? The index has been in extreme panic, feeling like the bottom is unbreakable.
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