The sentiment in the cryptocurrency market has shown a clear adjustment. According to the latest data provided by Alternative, the Fear and Greed Index today dropped to 44, down 5 points from yesterday's 49. More notably, the average over the past week is only 27, indicating that the overall market sentiment has shifted from a neutral zone back to a state of panic.
This change in the index reflects increasing uncertainty in the market recently. When the index is at 44, traders' risk appetite is significantly reduced, and the enthusiasm for bottom-fishing in the market is also waning. Compared to the weekly average, the current rebound is only a short-term relief and has not altered the deeper market pessimism. For long-term investors, such panic indices often also present opportunities, but the short-term shift in market sentiment warrants close observation.
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BtcDailyResearcher
· 7h ago
The number 44 looks a bit dangerous, with a weekly average of only 27. Are we really panicking?
The enthusiasm for bottom-fishing is fading; short-term rebounds are just smoke.
Let's wait and see if we can catch the bottom; opportunities definitely arise during times like these.
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LiquidityWizard
· 8h ago
This index really feels a bit uncomfortable, and the shadow of the 27-week moving average from last week hasn't faded yet.
Fewer and fewer people are trying to catch the bottom, and this rebound seems to be a fleeting flash of light.
Take a long-term careful look; in the short term, it might continue to break below.
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SignatureCollector
· 8h ago
Position 44 is really a bit scary, but I actually think there's a chance
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The weekly average of 27 is outrageous... this is true panic
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It's time to test your mentality again, long-term holders can copy the bottom here
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Short-term emotional shifts? Let's see how much it can fall before talking
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Wait, the panic index is so low... is someone secretly buying?
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The market is giving us money, just see who dares to take it
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Don't believe in a short-term rebound, this week's average reveals the market's true thoughts
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MetaDreamer
· 8h ago
44 ah, it dropped again. This week has been nonstop.
This is the real market. Fewer and fewer people are bottom-fishing.
Let's wait and see if it can rebound above 50, otherwise I really need to start considering long-term holding.
The index is so low, should I get in now or keep observing...
It was only 27 last week. There's a slight rebound now, but it's still very uncomfortable.
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NotSatoshi
· 8h ago
Here we go again with the panic. An average of 27 this week is really extreme.
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Is 44 still rebounding? I think it's almost no rebound at all.
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Watching carefully over the long term, it's better to wait before short-term bottom fishing.
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Is a low panic index a buying opportunity? Not necessarily, it depends on the fundamentals.
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This data keeps fooling me every week.
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It feels like the market still needs to dip further before stabilizing.
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MintMaster
· 8h ago
It's already 44. Will it continue to fall this week?
The sentiment in the cryptocurrency market has shown a clear adjustment. According to the latest data provided by Alternative, the Fear and Greed Index today dropped to 44, down 5 points from yesterday's 49. More notably, the average over the past week is only 27, indicating that the overall market sentiment has shifted from a neutral zone back to a state of panic.
This change in the index reflects increasing uncertainty in the market recently. When the index is at 44, traders' risk appetite is significantly reduced, and the enthusiasm for bottom-fishing in the market is also waning. Compared to the weekly average, the current rebound is only a short-term relief and has not altered the deeper market pessimism. For long-term investors, such panic indices often also present opportunities, but the short-term shift in market sentiment warrants close observation.