COINOTAG News (Sept. 28) reports that, per Alternative Data, the fear and greed index for cryptocurrency climbed to 37 from 33, leaving overall market sentiment in a fear zone; the seven‑day average stands at 49.
The index operates on a 0–100 scale and aggregates key market inputs: Volatility (25%), Market Trading Volume (25%), Social Media Activity (15%), Market Surveys (15%), Bitcoin Market Dominance (10%) and Google Trends Analysis (10%), providing a composite gauge of investor risk appetite.
For market participants, a sub‑50 reading signals continued risk aversion; prudent investors should track shifts in trading volume and volatility as primary triggers for changes in market sentiment and portfolio positioning.