The crypto fear and greed index shows that while investors are still cautious, the market sentiment is nonetheless making sustainable recovery.<\/p>\n
Crypto Fear And Greed Index Surges Up, But Remains In \u201cFear\u201d Territory<\/p>\n
As per the latest weekly report from Arcane Research, the market sentiment rose to the best sentiment since April of this year on Saturday.<\/p>\n
The \u201cfear and greed index\u201d is an indicator that measures the general sentiment among investors in the crypto market.<\/p>\n
The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 signify a greedy market, while those below the mark suggest fearful investors.<\/p>\n
Values approaching the end of the range of above 75 or below 25 indicate \u201cextreme greed\u201d and \u201cextreme fear\u201d sentiments, respectively.<\/p>\n
Historically, bottoms have tended to form during periods of extreme fear, while tops have occurred during the other extreme sentiment.<\/p>\n
Because of this, some investors believe the former periods bring ideal buying opportunities with them, while the latter ones can be suitable selling points.<\/p>\n
Now, here is a chart that shows the trend in the crypto fear and greed index over the last year:<\/p>\n\n
Looks like the value of the metric has been steadily climbing up in recent days | Source: Arcane Research’s The Weekly Update – Week 30, 2022<\/p>\n
As you can see in the above graph, just a while ago, the crypto fear and greed index had been inside the extreme fear territory for a couple of months, making it the longest ever streak of rock-bottom mentality.<\/p>\n
But, during the last few weeks the indicator has observed some growth as the various coins in the market have simultaneously seen recovery.<\/p>\n
At the time the report came out (which was yesterday), the fear and greed index had a value of \u201c31.\u201d This implies a fearful market.<\/p>\n
Today, the sentiment has slightly improved as the value of the indicator is now \u201c34,\u201d which is however still firmly inside the fear territory.<\/p>\n\n
The value of the indicator is 34 at the moment | Source: Alternative<\/p>\n
On Saturday, the metric came close to stepping out of the fear territory as it attained a value of \u201c42.\u201d This happens to be the highest value the indicator has seen since April. But before a breakout into greed could occur, the fear and greed index slumped back down.<\/p>\n
The latest trend suggests while the market sentiment has been improving, the investors have remained cautious. This may pave way towards a slower, but more sustained recovery in the market.<\/p>\n
BTC Price<\/p>\n
At the time of writing, Bitcoin\u2019s price floats around $23.3k, up 9% in the past week.<\/p>\n\n
The value of the crypto seems to been trending sideways during the last few days | Source: BTCUSD on TradingView
\nFeatured image from Quantitatives on Unsplash.com, charts from TradingView.com, Arcane Research<\/p>","protected":false},"excerpt":{"rendered":"
<\/p>\n
The crypto fear and greed index shows that while investors are still cautious, the market sentiment is nonetheless making sustainable recovery.<\/p>\n
Crypto Fear And Greed Index Surges Up, But Remains In \u201cFear\u201d Territory<\/p>\n
As per the latest weekly report from Arcane Research, the market sentiment rose to the best sentiment since April of this year on Saturday.<\/p>\n
The \u201cfear and greed index\u201d is an indicator that measures the general sentiment among investors in the crypto market.<\/p>\n
The metric uses a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 signify a greedy market, while those below the mark suggest fearful investors.<\/p>\n
Values approaching the end of the range of above 75 or below 25 indicate \u201cextreme greed\u201d and \u201cextreme fear\u201d sentiments, respectively.<\/p>\n
Historically, bottoms have tended to form during periods of extreme fear, while tops have occurred during the other extreme sentiment.<\/p>\n
Because of this, some investors believe the former periods bring ideal buying opportunities with them, while the latter ones can be suitable selling points.<\/p>\n
Now, here is a chart that shows the trend in the crypto fear and greed index over the last year:<\/p>\n
Looks like the value of the metric has been steadily climbing up in recent days | Source: Arcane Research’s The Weekly Update – Week 30, 2022<\/p>\n
As you can see in the above graph, just a while ago, the crypto fear and greed index had been inside the extreme fear territory for a couple of months, making it the longest ever streak of rock-bottom mentality.<\/p>\n
But, during the last few weeks the indicator has observed some growth as the various coins in the market have simultaneously seen recovery.<\/p>\n
At the time the report came out (which was yesterday), the fear and greed index had a value of \u201c31.\u201d This implies a fearful market.<\/p>\n
Today, the sentiment has slightly improved as the value of the indicator is now \u201c34,\u201d which is however still firmly inside the fear territory.<\/p>\n
The value of the indicator is 34 at the moment | Source: Alternative<\/p>\n
On Saturday, the metric came close to stepping out of the fear territory as it attained a value of \u201c42.\u201d This happens to be the highest value the indicator has seen since April. But before a breakout into greed could occur, the fear and greed index slumped back down.<\/p>\n
The latest trend suggests while the market sentiment has been improving, the investors have remained cautious. This may pave way towards a slower, but more sustained recovery in the market.<\/p>\n
BTC Price<\/p>\n
At the time of writing, Bitcoin\u2019s price floats around $23.3k, up 9% in the past week.<\/p>\n
The value of the crypto seems to been trending sideways during the last few days | Source: BTCUSD on TradingView
\nFeatured image from Quantitatives on Unsplash.com, charts from TradingView.com, Arcane Research<\/p>\n
<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"colormag_page_layout":"default_layout","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[82],"tags":[],"class_list":["post-4899","post","type-post","status-publish","format-standard","hentry","category-blockchain"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/4899","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/comments?post=4899"}],"version-history":[{"count":0,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/posts\/4899\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/media?parent=4899"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/categories?post=4899"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptocornercafe.com\/cafe\/wp-json\/wp\/v2\/tags?post=4899"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}