COINOTAG News reports on August 29 that, per Alternative Data, the Fear and Greed Index moved to 50 from 48 yesterday, signaling a prevailing Neutral market sentiment across digital assets. This reading reflects a midpoint on the standardized sentiment scale and indicates neither entrenched fear nor excessive greed.
The index is a composite sentiment gauge constructed from multiple metrics: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s share of the overall market (10%), and Google Trends Analysis (10%). Each component contributes to an aggregate view of investor positioning and short-term market dynamics.
On a 0-100 continuum, the Fear and Greed Index provides a quantitative snapshot of the broader cryptocurrency market sentiment. Market participants can use this neutral reading as a contextual input for risk assessment and portfolio positioning, without inferring directional certainty.