According to BlockBeats, on September 27, according to Alternative data, the cryptocurrency panic and greed index was 61 today, and 50 yesterday. The market sentiment hit a two-month high, and entered the "greed" range again after a month.

The calculation of the panic and greed index is based on multiple indicators, including volatility (25%), market trading volume (25%), social media popularity (15%), market research (15%), Bitcoin's proportion in the entire market (10%), and Google hot word analysis (10%).

This change in sentiment shows that market participants are optimistic about future trends, which may drive more funds into the crypto market.