The crypto fear index has fallen back to 10, and the market has been in a state of "extreme panic" for nearly a month.
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According to ME News, on March 4th (UTC+8), based on Alternative data, the cryptocurrency fear and greed index was 10 (compared to 14 yesterday), indicating that the market has remained in a state of "extreme fear" for nearly a month. 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%). (Source: ME)
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