Cryptocurrency Fear and Greed Index reaches 90! Causing the market to enter a state of extreme greed. (Beware of callbacks)

As BlockBeats reported on March 5, according to alternative data, the Cryptocurrency Fear and Greed Index reached 90 today (up from 82 yesterday). This is the first time it has reached 90 since February 2021, indicating extreme greed in the market.

The Fear and Greed Index ranges from 0-100, including volatility (25%), market trading volume (25%), social media hype (15%), market research (15%), and Bitcoin’s proportion of the overall market ( Indicators such as 10%) and Google search trend analysis (10%).