Bitcoin Dominates Market as Panic Index Reaches New Heights

BTC

BTC/USDT

$66,231.99

-0.46%

$66,231.99

-0.46%

(24s)

24h Volume

$13,488,970,132.03

24h H/L

$66,739.89 / $65,553.67

Change: $1,186.22 (1.81%)

Long/Short

57.0%

Long: 57.0%Short: 43.0%

Funding Rate

+0.0011%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$65,979.54

▼ -0.87%

Volume (24h): -

Resistance Levels

Resistance 3$72,756.77

Resistance 2$70,467.59

Resistance 1$66,635.89

Price$65,979.54

Support 1$65,484.56

Support 2$64,412.95

Support 3$62,909.86

Pivot (PP):$66,220.35

Trend:Uptrend

RSI (14):58.4

According to COINOTAG news on September 17, recent alternative data highlights a significant shift in the cryptocurrency market. The crypto panic and greed index has dropped to 33 today from 39 yesterday, indicating a rise in market panic. This crucial index, which ranges from 0 to 100, measures market sentiment through various indicators, including volatility (25%), market trading volume (25%), social media activity (15%), market research (15%), Bitcoin’s market dominance (10%), and Google trend analysis (10%). The decline in the index is a clear sign of intensified market fear and caution among investors.