The market remains in a state of "fear," with the crypto fear and greed index at 24 today.

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On December 28th, according to Alternative data, the cryptocurrency fear and greed index was 24 (compared to 23 yesterday), indicating that the market remains in a state of "fear." The cryptocurrency fear index has remained below 30 since November 3rd, a situation similar to that that occurred in the fourth quarter of 2022.

Note: The fear index ranges from 0 to 100 and includes the following indicators: volatility (25%) + market trading volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (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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