Market Sentiment Remains Weak

According to the latest data, the Fear & Greed Index rose from yesterday's 20 to 24. Although there was an increase, the overall market sentiment remains in the 'Extreme Fear' category.

Breakdown of the Index

The Fear & Greed Index evaluates market sentiment through six key dimensions, including:

  • Volatility (25%)
  • Trading Volume (25%)
  • Social Media Engagement (15%)
  • Market Survey Data (15%)
  • Bitcoin's Market Share (10%)
  • Google Search Trends (10%)
.

Implications of the Current Reading

While the index has risen slightly, it has not yet crossed the 30 threshold, indicating that investor sentiment remains cautious and the market lacks a clear direction. Investors should closely monitor macroeconomic and industry trends to make informed decisions.