Market Sentiment Remains Extremely Negative
According to the latest data, the Fear & Greed Index dropped to 6 today, down from 9 yesterday, with the sentiment level remaining in extreme fear.
Breakdown of the Index
The Fear & Greed Index incorporates multiple dimensions, including:
- Volatility: 25%
- Trading Volume: 25%
- Social Media Engagement: 15%
- Market Survey Results: 15%
- Bitcoin Dominance: 10%
- Google Search Trends: 10%
These metrics together reflect the overall mood of the current market.