Crypto Fear & Greed Index declines from 78 to 71, sentiment retreats to the Greed range
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AT A GLANCE
The Crypto Fear & Greed Index fell from 78 yesterday to 71, with market sentiment shifting from “Extreme Greed” to “Greed.”
Article
Crypto Fear & Greed Index falls to 71, market “greed” sentiment cools
BlockBeats news, September 23: According to Alternative data, today’s Crypto Fear & Greed Index stands at 71 (yesterday’s reading of 78 was the highest value within 1 year), with market sentiment shifting from “Extreme Greed” to “Greed.”
Note: The Fear Index ranges from 0 to 100 and comprises the following indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin’s share of the overall market (10%) + Google trending-search analysis (10%).
Original link https://m.theblockbeats.info/flash/368541
Key points
01
According to Alternative data, today’s Crypto Fear & Greed Index is 71.
02
Yesterday’s index was 78, the highest value within 1 year.
03
Market sentiment shifted from “Extreme Greed” to “Greed.”
04
The index ranges from 0 to 100.
05
The indicators include volatility at 25%, market trading volume at 25%, social media popularity at 15%, market surveys at 15%, Bitcoin’s share of the overall market at 10%, and Google trending-search analysis at 10%.
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
This index uses multiple market indicators to measure crypto market sentiment. Its decline from 78 to 71 indicates that the market remains in “Greed,” but sentiment has weakened compared with yesterday.
Why it matters to readers
The change in the index reflects cooling market sentiment and can be used to observe whether participants currently lean toward optimism or fear.
Beginners can use it as a sentiment reference, but the original text does not indicate that the index has an inevitable relationship with price movements.
Risks and unknowns
The original text does not provide the index’s underlying data or specific calculation methodology, so the calculations for 71 and 78 cannot be verified.
The original text states only “September 23” and does not specify the year.
The original text does not state whether the sentiment change will affect subsequent market prices.
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Crypto Fear & Greed Index
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