BREAKING
237d 22h ago

Bitcoin Market Sentiment Shifts to Neutral as Crypto Fear and Greed Index Drops to 52

BTC

BTC/USDT

$71,354.77
+3.55%
24h Volume

$17,366,629,629.18

24h H/L

$71,554.95 / $68,531.50

Change: $3,023.45 (4.41%)

Long/Short
65.5%
Long: 65.5%Short: 34.5%
Funding Rate

-0.0023%

Shorts pay

Data provided by COINOTAG DATALive data
Bitcoin
Bitcoin
Daily

$71,351.87

2.98%

Volume (24h): -

Resistance Levels
Resistance 3$79,008.03
Resistance 2$75,548.63
Resistance 1$72,179.52
Price$71,351.87
Support 1$70,589.27
Support 2$67,300.00
Support 3$62,909.86
Pivot (PP):$70,598.27
Trend:Downtrend
RSI (14):35.3

According to COINOTAG News on June 18, the Crypto Fear and Greed Index has declined to 52 from 68, signaling a shift in market sentiment from “Greed” to “Neutral.” This index, which ranges from 0 to 100, aggregates multiple factors to provide a comprehensive gauge of investor emotions. The calculation incorporates volatility and market trading volume each weighted at 25%, alongside social media sentiment and market surveys contributing 15% each. Additionally, Bitcoin’s market dominance and Google Trends data account for 10% each, reflecting broader market dynamics. This nuanced metric offers investors a valuable tool for assessing current market conditions without relying on speculative forecasts.

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