Summary
- Said that investor sentiment in the virtual asset market continues to be in the 'Extreme Fear' stage.
- The virtual asset fear and greed index recorded 10, remaining at the same level as the previous day.
- The weekly average index also stood at 22, and it said that market participants' anxiety is increasing.
Investor sentiment in the virtual asset (cryptocurrency) market remains at the 'Extreme Fear' stage. As the bearish trend persists, market participants' anxiety appears to be rapidly increasing.
On the 15th (local time), the virtual asset fear and greed index from virtual asset analytics firm Alternative registered 10, remaining at the same level as the previous day (10). The weekly average also stood at just 22, leaving overall sentiment frozen. The fear and greed index ranges from 0 to 100, with lower values indicating 'Extreme Fear' and higher values indicating 'Greed'.
The fear and greed index is calculated by weighting factors such as volatility (25%), market volume (25%), social media buzz (15%), market surveys (15%), Bitcoin dominance (10%), and Google Trends search volume (10%).
Doohyun Hwang
cow5361@bloomingbit.ioKEEP CALM AND HODL🍀![[Market] Bitcoin falls below $82,000...$320 million liquidated over the past hour](https://media.bloomingbit.io/PROD/news/93660260-0bc7-402a-bf2a-b4a42b9388aa.webp?w=250)
