The cryptocurrency panic and greed index has been below 30 for a week, and the market panic sentiment remains

According to BlockBeats, on July 11, Alternative data showed that today's cryptocurrency panic and greed index was 29 (yesterday's was 28). The index has remained below 30 for a week, and the market panic sentiment remains. The panic index threshold is 0-100, including indicators: volatility (25%) + market trading volume (25%) + social media heat (15%) + market research (15%) + Bitcoin's proportion in the entire market (10%) + Google hot word analysis (10%).