Bitcoin in Extreme Fear as Crypto Fear and Greed Index Falls to 11 (Weekly Average 26)
COINOTAG News reports, on November 18, citing Alternative Data, that the cryptocurrency fear and greed index sits at 11, down from 14 yesterday, with a weekly average of 26. The market remains in extreme fear, showing a brief easing before renewed pressure.
The fear and greed index operates on a 0-100 scale and aggregates six pillars: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).
This configuration signals cautious sentiment among investors as risk-off postures persist, with potential implications for short-term liquidity and asset rotation across crypto markets.
Traders should watch shifts in the component metrics for early signs of a sentiment turn, particularly any rise in volume or a contraction in volatility that could precede a recovery.
