Bitcoin Panic Index Rises to 39: Market Sentiment Swings Back to Fear

BTC

BTC/USDT

$71,336.87

-6.79%

$71,336.87

-6.79%

(24s)

24h Volume

$44,848,329,419.30

24h H/L

$76,617.73 / $70,140.00

Change: $6,477.73 (9.24%)

Long/Short

77.9%

Long: 77.9%Short: 22.1%

Funding Rate

+0.0019%

Longs pay

Data provided by COINOTAG DATALive data

Bitcoin

Daily

$70,942.95

▼ -3.04%

Volume (24h): -

Resistance Levels

Resistance 3$76,971.52

Resistance 2$74,594.61

Resistance 1$71,474.71

Price$70,942.95

Support 1$70,140.00

Support 2$66,407.06

Support 3$58,306.99

Pivot (PP):$71,474.71

Trend:Downtrend

RSI (14):20.9

COINOTAG News reports that the cryptocurrency panic and greed index has shifted to 39 today, down from 51 yesterday, indicating renewed market anxiety. The index, which ranges from 0 to 100, aggregates several key indicators: volatility (25%), market trading volume (25%), social media heat (15%), market research (15%), Bitcoin’s market share (10%), and Google hot word analysis (10%). This drop highlights the growing uncertainty among investors and market participants.

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