Bitcoin Dominates Panic and Greed Index as Market Sentiment Shifts to Fear

BTC

BTC/USDT

$62,415.94

-3.26%

$62,415.94

-3.26%

(24s)

24h Volume

$19,852,231,786.43

24h H/L

$64,646.75 / $62,272.07

Change: $2,374.68 (3.81%)

Long/Short

65.9%

Long: 65.9%Short: 34.1%

Funding Rate

-0.0013%

Shorts pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$63,006.01

▲ 0.08%

Volume (24h): -

Resistance Levels

Resistance 3$68,191.60

Resistance 2$65,816.57

Resistance 1$64,206.80

Price$63,006.01

Support 1$62,928.47

Support 2$61,056.47

Support 3$59,130.91

Pivot (PP):$62,985.43

Trend:Downtrend

RSI (14):35.1

COINOTAG has reported that as of October 2, Alternative data indicates a shift in the cryptocurrency market sentiment. Today’s cryptocurrency panic and greed index has dropped to 42, down from 50 yesterday, signaling a change from a “neutral” to a “panic” state. This index, which ranges from 0 to 100, is derived from various market indicators: volatility (25%), trading volume (25%), social media popularity (15%), market research (15%), Bitcoin’s market dominance (10%), and Google search trends (10%).

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