Bitcoin Dominates Market as Panic Index Reaches New Heights

BTC

BTC/USDT

$66,626.00

+4.21%

$66,626.00

+4.21%

(24s)

24h Volume

$19,804,604,777.14

24h H/L

$66,949.22 / $63,678.83

Change: $3,270.39 (5.14%)

Long/Short

59.6%

Long: 59.6%Short: 40.4%

Funding Rate

-0.0001%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$66,341.07

▲ 0.90%

Volume (24h): -

Resistance Levels

Resistance 3$70,650.41

Resistance 2$68,191.60

Resistance 1$66,531.82

Price$66,341.07

Support 1$66,242.61

Support 2$64,134.32

Support 3$62,193.31

Pivot (PP):$66,214.76

Trend:Downtrend

RSI (14):43.9

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.