According to Mars Finance, on January 18th, data from Alternative showed that the cryptocurrency fear and greed index was 49 (compared to 50 yesterday), indicating a "neutral" market sentiment. Compared to last week's average of 29 ("fear") and last month's average of 16 ("extreme fear"), crypto community sentiment has fully recovered. Note: The fear index ranges from 0-100 and includes the following indicators: volatility (25%) + market volume (25%) + social media buzz (15%) + market surveys (15%) + Bitcoin's share of the overall market (10%) + Google trending topics (10%).
Crypto market sentiment remains "neutral," but has recovered from its previous overall decline.
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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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