According to PANews, the Alternative data indicates that the Fear and Greed Index has dropped to 20 today, down from 29 yesterday, reflecting a decrease in market sentiment. The current market mood is categorized as 'extreme fear.'

The Fear and Greed Index ranges from 0 to 100, incorporating various indicators such as volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market share (10%), and Google search trends (10%). A score of 0 represents 'extreme fear,' while a score of 100 signifies 'extreme greed.'