Crypto Fear Index Rebounds to 72, Market Has Entered a "Greed" State

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On April 23rd, according to Alternative data, the cryptocurrency Fear and Greed Index rose to 72 today, compared to 47 yesterday (with a weekly average of 29), indicating that market sentiment is in a "greedy" state.

Note: The Fear and Greed Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Sentiment (15%) + Market Survey (15%) + Bitcoin's Proportion in the Entire Market (10%) + Google Trends Analysis (10%).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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