Bitcoin Fear and Greed Index Rises to 23 as Crypto Sentiment Remains Below 30 Since November
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COINOTAG News, citing alternative data, reports the crypto fear and greed index at 23 on December 27, up from 20 yesterday, signaling persistent market fear in digital assets.
Since November 3, the fear and greed index has stayed sub-30, echoing a similar drawdown period seen in Q4 2022 for cryptocurrency market sentiment.
The index operates on a 0–100 scale, aggregating volatility (25%), trading volume (25%), social media hype (15%), surveys (15%), Bitcoin dominance (10%), and Google Trends analytics (10%).
For traders, the ongoing fear sentiment warrants a cautious stance, with disciplined risk management and selective exposure as macro signals evolve.