The Fear and Greed Index has plummeted to 23, marking a notable shift into extreme fear territory as market sentiment deteriorates. This latest reading signals intensifying anxiety among investors, with the gauge now firmly embedded in the lower end of its 0-100 scale.
The index methodology incorporates six key components to assess market psychology: Volatility (25% weighting), Market Trading Volume (25%), Social Media Heat (15%), Market Surveys (15%), Bitcoin's Market Dominance (10%), and Google Trends Analysis (10%). This comprehensive approach captures both on-chain activity and broader mar