Today's Crypto Fear and Greed Index remains at 20, staying in the "Extreme Fear" range for the second consecutive day, indicating that market sentiment is still very fragile. This index is composed of a basket of indicators: volatility and trading volume account for half of the weighting, while social sentiment, market surveys, $BTC market share, and Google Trends make up the rest. In other words, the current combination of high volatility, low trading volume, and weak sentiment is the core reason dragging the index down.
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Today's Crypto Fear and Greed Index remains at 20, staying in the "Extreme Fear" range for the second consecutive day, indicating that market sentiment is still very fragile. This index is composed of a basket of indicators: volatility and trading volume account for half of the weighting, while social sentiment, market surveys, $BTC market share, and Google Trends make up the rest. In other words, the current combination of high volatility, low trading volume, and weak sentiment is the core reason dragging the index down.