According to COINOTAG News and Alternative Data, the cryptocurrency Fear and Greed Index is 23, down from 28 the previous day, signaling a return to extreme fear. The metric highlights cautious market sentiment across major crypto assets.
The index ranges 0-100 and aggregates six pillars: Volatility (25%), Market Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin Dominance (10%), and Google Trends Analysis (10%). This composition translates sentiment into a transparent risk framework for traders.
With sentiment in the extreme fear quadrant, participants may prioritize risk controls and liquidity management, while awaiting clearer catalysts. The latest data, anchored by Alternative Data, reinforces the need for disciplined position sizing and robust hedging strategies amid potential volatility.