The panic index plunges to 44, and market sentiment returns to the panic zone

LiquidityWitch · 2026-01-19T00:26:11+00:00

On January 19th, the Crypto Fear and Greed Index dropped to 44, indicating that market sentiment has shifted towards fear. The index is weighted based on six dimensions including volatility, trading volume, and others, reflecting the combined effect of multiple market factors. Although it has returned to the fear zone, the index has rebounded from earlier lows, suggesting that the market is seeking balance and requires ongoing observation of its further changes.

LiquidityWitch

2026-01-19 00:26:11

Abstract generation in progress

【Crypto Rhythm】Data from January 19 shows that the fear and greed index in the crypto market dropped from 49 yesterday to 44, instantly slipping from “Neutral” into the “Fear” zone. Interestingly, the weekly average was only 27, indicating significant volatility.

How is this index calculated? It is composed of six weighted dimensions—volatility and trading volume each account for 25%, while social media buzz and market surveys each account for 15%, and Bitcoin’s market share and Google trending keywords each account for 10%. In other words, the combined effects of market volatility, trading volume changes, public opinion, investor sentiment, Bitcoin dominance, and search trends ultimately reflect the current “fear level” in the market.

Although the index has returned to the fear zone, rebounding from a low of 27 to 44, it suggests that the market is also seeking some balance. The subsequent trend will depend on the specific performance of these dimensions.

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GasFeeTears

· 18h ago

Starting to panic again, bouncing back and forth between 27 and 49 every day, my eyes are exhausted.

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StealthDeployer

· 18h ago

44 has fallen into panic again, it's really absurd... Dropped from 27 to 49 and then back down, this volatility is like riding a roller coaster It's still a bit confident that it rebounded from 27 to 44, feeling like the market hasn't completely collapsed This six-dimensional weighted algorithm is actually just a psychological game. Anyway, when public opinion heats up, the main coin rises; when Google search popularity increases, we hold. Honestly, it still depends on trading volume and volatility Panic zone 44... I just want to know if next week will see a sharp rise or continue to level out, nothing else Such large index fluctuations are a bit funny. From 27 to 49 in just over a week? Is the market so easily manipulated by psychology

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RooftopVIP

· 18h ago

The rebound from 27 to 44 feels like pulling back just before the gates of hell. --- Starting to panic again, but at least it didn't continue to fall into the abyss at 27, so there's a bottom line. --- Such large fluctuations indicate that the market is basically a casino right now; whoever has the better mentality wins. --- Weighted across six dimensions? Basically, it still depends on market sentiment. Our group’s fear index is the most effective for driving sales. --- From 27 rebounding to 44, is it really a bottoming out or just a dead cat bounce? Let’s wait and see. --- The influence of social media buzz is really outrageous; a few jokes on Twitter can change the index, which is off the charts. --- Trading volume accounts for a quarter of the weight, indicating that no one dares to truly enter the market now; everyone is just watching. --- The Bitcoin proportion has dropped so much but still only accounts for 10% of the weight? This index model seems really off. --- At 44, it’s either a confirmation of the bottom or the eve of another sharp decline.

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BlockchainDecoder

· 18h ago

The decline from 49 to 44, according to research, cannot be simply understood as a one-way pessimistic signal. The key is whether the trading volume dimension is truly shrinking. From a technical perspective, the rebound from 27 to 44 actually reveals the possibility of bottom formation. It is worth noting that social media popularity accounts for 15% weight, which is most easily manipulated. Based on a comprehensive six-dimensional analysis framework, with volatility and trading volume each accounting for 25% weight, it still seems to overestimate the influence of short-term noise. The index fluctuates so greatly, indicating that the market has not yet formed a consensus. Continuing to observe Google trending keywords and Bitcoin dominance performance is the key. Historically, the 44 level is often a springboard for a rebound, but the prerequisite is that trading volume must cooperate.

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AirdropJunkie

· 18h ago

A rebound from 27 to 44, this bottom signal is quite interesting. --- Here comes the panic again, but it doesn't feel as hopeless this time. --- With such a large fluctuation range, the index is just swinging wildly. --- Rebounded from 27 to 44, indicating someone started buying at the bottom. --- Weighted across six dimensions? That's so complicated, it's better to look at on-chain data. --- Panic zone is just a panic zone, anyway I’m still DCAing as usual. --- Trading volume and volatility each account for a quarter of the weight, isn’t this just a gambling index? --- The 44 level is a bit awkward; if it drops again, it still can’t stabilize. --- Google hot keywords can become indicators? This index has quite a bit of water in it. --- From bottom to top, soaring instantly—time for the little guys to get on board.

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