Market data as of December 30th shows that the cryptocurrency fear and greed index has dropped to 23 (from 24 the previous day), with the entire market continuing to hover in the "Extreme Fear" zone.
How is this index calculated? It is actually a comprehensive assessment from multiple dimensions: volatility accounts for 25%, market trading volume also 25%, social media activity contributes 15%, market surveys make up 15%, Bitcoin's market dominance weight is 10%, and Google search trend analysis accounts for the remaining 10%.
The index ranges from 0 to 100. Being at a low of 23 indicates that market participants are indeed very pessimistic. Trading volume, volatility, and search heat all signal bearish sentiment.
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MetaverseVagrant
· 9h ago
23? Isn't this a signal to bottom out? Only those who have given up would be so pessimistic.
The people who bought during extreme panic are now living the good life. I just can't understand it.
With both volatility and heat, this index has quite a few tricks, but whether the predictions are accurate or not is another story.
Wait, Google search popularity only accounts for 10% weight? Feels like little reference value.
Honestly, these sentiment indicators, besides confirming that everyone is scared, don't really tell us much.
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airdrop_huntress
· 9h ago
23 minutes ago, this drop was a bit harsh... The bottom signal still came too suddenly.
In the extreme panic zone, no one dares to buy the dip. Just look at Google search trends to see that the retail investors have already fled.
Wait, why doesn't this index algorithm consider on-chain data? Just looking at trading volume and volatility seems a bit one-sided.
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ChainBrain
· 9h ago
Is the number 23 joking with me? The bottom signal is so obvious, why not buy in?
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Extreme panic is all it takes. I actually think this is the real buying opportunity.
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Falling and timid, market participants really can't hold this mindset haha.
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Volatility, trading volume, and search heat all bottomed out. This combination of data is hitting hard.
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23 points really pushed the panic level to the max. According to historical patterns, it often tails off at the bottom.
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The entire indicator system is designed this way, meaning all dimensions are bearish now. Doesn't that suggest the opposite?
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Being in the extreme panic zone is no longer news. The key is when the rebound will happen—that's the highlight.
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Insufficient trading volume, cold enthusiasm, sluggish volatility—there's really no popularity.
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Wow, all indicators are working together to send a pessimistic signal. Is this the final confirmation of the bottom?
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Search heat is also declining, indicating even the retail investors are tired and no longer interested.
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MetaMisfit
· 9h ago
23 already? Oh my, that’s so pessimistic... It feels like the entire internet is cutting losses
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Wait, this index algorithm is a bit complicated. I just want to know when it will return to the greedy zone
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Extreme panic is still ongoing, it’s uncomfortable
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Search popularity has dropped so low, it seems no one cares anymore
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Trading volume has plummeted so sharply, is the bottom signal still coming?
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At this 23 position, is it a gambler’s opportunity or a trap for new investors?
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Dropped another position... the market really has no confidence
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ServantOfSatoshi
· 9h ago
23 is still going down, this is truly the real bottom signal, retail investors are all confused.
Market data as of December 30th shows that the cryptocurrency fear and greed index has dropped to 23 (from 24 the previous day), with the entire market continuing to hover in the "Extreme Fear" zone.
How is this index calculated? It is actually a comprehensive assessment from multiple dimensions: volatility accounts for 25%, market trading volume also 25%, social media activity contributes 15%, market surveys make up 15%, Bitcoin's market dominance weight is 10%, and Google search trend analysis accounts for the remaining 10%.
The index ranges from 0 to 100. Being at a low of 23 indicates that market participants are indeed very pessimistic. Trading volume, volatility, and search heat all signal bearish sentiment.