The Crypto Fear and Greed Index signals persistent bullish sentiment among Bitcoin investors, maintaining its position in the ‘greed’ territory despite a slight overnight decline. The index achieved a score of 72, reflecting heightened market optimism and increased risk appetite, though marginally down from 74 measured the previous day.
Over the past week, the indicator has averaged 74, demonstrating consistent market confidence. The composite index synthesizes six weighted factors: market volatility (25%), trading volume (25%), social media sentiment (15%), survey data (15%), Bitcoin’s market dominance (10%), and Google search trends (10%).
As a barometer of collective trader psychology, the index provides analysts and participants with critical insights into emotional market dynamics. Sustained greed readings typically correlate with bullish market conditions while potentially signaling overbought territory based on historical patterns.