Crypto Fear Index drops to 30, market still in a state of panic

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On March 23, according to Alternative data, the cryptocurrency Fear and Greed Index dropped to 30 today, compared to 32 yesterday (with a weekly average of 30), indicating that market sentiment remains in a "fear" state.

Note: The Fear and Greed Index ranges from 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media sentiment (15%) + market surveys (15%) + Bitcoin's proportion in the entire market (10%) + Google search trend analysis (10%).

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