According to PANews, the Alternative data shows that the Fear and Greed Index has dropped to 52 today, down from 61 yesterday, marking a new low for the past two weeks. The current market sentiment is classified as 'neutral.'
The Fear and Greed Index ranges from 0 to 100 and includes several indicators: volatility (25%), market trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market share (10%), and Google Trends analysis (10%). A score of 0 indicates 'extreme fear,' while a score of 100 signifies 'extreme greed.'