Bitcoin in Extreme Fear as Crypto Fear and Greed Index Falls to 21 from 42

COINOTAG News reports that, as of November 4 and citing Alternative Data, the cryptocurrency Fear and Greed Index registers at 21, having dipped from 42 yesterday. The market sentiment now sits in Extreme Fear, a regime watched by traders for risk-off signals and potential capitulation risks. The index is calculated on a 0-100 scale through a composite of volatility (25%), market trading volume (25%), social media hype (15%), market surveys (15%), Bitcoin dominance (10%), and Google Trends analysis (10%).

Readers should interpret this data within a disciplined risk framework: expect tighter liquidity, selective exposure, and robust stop-loss protocols. For investors and traders, a risk-off posture and diversified allocation may be prudent, while continuing to monitor the six sub-indicators that drive the Fear and Greed Index. This crypto news item underscores how sentiment cycles can shape near-term price action without asserting directional bets.

Don't forget to enable notifications for our Twitter account and Telegram channel to stay informed about the latest cryptocurrency news.