【Blockchain Rhythms】Latest data as of December 30 shows that the cryptocurrency market’s Fear and Greed Index has dropped to 23, down from 24 the previous day, with market sentiment still shrouded in extreme fear.
How is this index calculated? Let’s break it down — volatility accounts for 25%, reflecting the extent of price swings; trading volume also accounts for 25%, representing market activity; social media buzz and market surveys each account for 15%, reflecting community sentiment; Bitcoin’s market share (10%) and Google search hot words (10%) are also included in the calculation.
These six dimensions together form a thermometer to measure overall market sentiment. The index ranges from 0 to 100, with lower values indicating more fear and higher values indicating greed. Currently in the extreme fear zone, indicating that market participants are quite cautious.
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Ser_This_Is_A_Casino
· 21h ago
23, hilarious, isn't this just the last frenzy before the bottom
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Extreme panic? Why do I feel like it's time to buy the dip...
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The index sounds sophisticated, but honestly, it's just about whether people are afraid or not. Everyone's already scared away
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Talking about panic every day, I just want to ask who is lurking at the bottom?
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Wait a minute, trading volume still accounts for 25%? Then isn't this index just self-congratulatory
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The most exciting moment in the casino is coming, everyone
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Did 23 really hit the bottom or does it still need to continue? Is anyone fabricating prices?
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Can social media buzz reflect anything? It's all just bot accounts
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Extreme panic = extreme opportunity, is it time to take action?
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That's why smart money keeps buying during big drops
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mev_me_maybe
· 21h ago
The number 23 looks a bit scary, but I actually think this is the opportunity knocking on the door.
The panic index, to put it simply, is a barometer of human nature. The lower it is, the more people are cutting losses, which could actually signal a rebound.
With both volatility and trading volume so low, isn't this the perfect time for big players to quietly position themselves?
By the way, I already knew how this indicator is calculated. The key is when the reversal will happen. Looking at this 23 every day has become a bit of aesthetic fatigue.
Extreme panic? I think this is called "the silence before a major rally." History always repeats itself.
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DoomCanister
· 21h ago
23 this number is really incredible, it feels like everyone is scared stiff
Is the panic index still dropping? How low does it have to go to be considered the bottom
Volatility accounts for 25%, trading volume also accounts for 25%, but it feels like everything is heading downward...
It's extreme panic again, every time it happens, it's probably a buying opportunity
With the index so low, the true hunters should start taking action
Six dimensions hitting together can truly reflect the real situation, but it’s really heartbreaking
23 points... this number looks like it's saying "Run fast"
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liquiditea_sipper
· 21h ago
23 has already fallen so much, what am I still waiting for?
The fear index is almost at the bottom, isn't this a signal to buy the dip?
With such high volatility, are you still hesitating? You should have gotten used to it by now, brother.
What does extreme panic indicate? It means smart people are secretly building positions.
With such low trading volume, who is still playing? It's really cold.
Index 23... feels like it can drop even more, haha.
The market is so cautious, which actually makes me more confident.
Six dimensions combined into a thermometer? Then the temperature should be rising now.
The panic index drops to 23, market remains in extreme fear | Bitcoin sentiment analysis
【Blockchain Rhythms】Latest data as of December 30 shows that the cryptocurrency market’s Fear and Greed Index has dropped to 23, down from 24 the previous day, with market sentiment still shrouded in extreme fear.
How is this index calculated? Let’s break it down — volatility accounts for 25%, reflecting the extent of price swings; trading volume also accounts for 25%, representing market activity; social media buzz and market surveys each account for 15%, reflecting community sentiment; Bitcoin’s market share (10%) and Google search hot words (10%) are also included in the calculation.
These six dimensions together form a thermometer to measure overall market sentiment. The index ranges from 0 to 100, with lower values indicating more fear and higher values indicating greed. Currently in the extreme fear zone, indicating that market participants are quite cautious.