Crypto Fear Index Rises to 30, Market Still in Panic

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On April 6th, according to Alternative data, the cryptocurrency Fear and Greed Index rose to 30 today, compared to 28 yesterday (with a weekly average of 26), indicating that market sentiment remains in a "fear" state.

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