【Block Rhythm】On January 10th in the crypto market, there's a detail worth paying attention to—the Fear and Greed Index dropped to 25 again, slightly lower than the 27 from the previous day. In other words, the market has re-entered the "extremely fearful" zone.
You should know that the average value of this index last week was still at 29, and the decline over these two days has indeed been quite rapid. From 27 to 25, although the numerical change appears small, it represents market participants' psychology rapidly shifting to pessimism.
How does this index come about? It's calculated by mixing six dimensions. Volatility and market trading volume each account for a quarter of the weight, social media heat and market surveys each account for 15%, Bitcoin's dominance in the overall market accounts for 10% weight, and Google's trending search data also accounts for 10%. In other words, it scores the market's panic level from multiple angles—volatility, trading volume, public sentiment, and Bitcoin's dominance.
From 0 to 100 completely