Data shows the crypto market sentiment has improved from a state of extreme fear, but still remains quite close to re-entering the zone.
Crypto Fear And Greed Index Points To A Fearful Market
"korku ve açgözlülük indeksi” bize kripto para piyasasındaki yatırımcılar arasındaki genel hissiyat hakkında bilgi veren bir göstergedir.
The metric uses a numeric scale that runs from zero to hundred for displaying this sentiment. When the value of the index is below fifty, it means the market is fearful right now.
On the other hand, values of the indicator higher than the threshold suggest a dominant sentiment of greed among crypto investors.
Values of above 75 and below 25 (that is, those towards the ends of the range) indicate sentiments of “aşırı açgözlülük” ve “aşırı korku” sırasıyla.
The extreme sentiments have been historically significant for coins like Bitcoin as tops have usually taken place in the former periods, while bottoms have occurred in the latter ones.
Şimdi, işte bu haftanın grafiği Gizli Araştırma report that shows the trend in the value of the fear and greed index over the past year:
Metrik değeri son günlerde arttı gibi görünüyor | Kaynak: Arcane Research's The Week Onchain - Week 36, 2022
As you can see in the above graph, the crypto fear and greed index fell into extreme fear values just sometime ago.
Recently, however, the investor mentality in the market marked an improvement as the indicator reached a value of 34 a couple of days back, at the time the report came out.
This is a significant jump over the extreme fear territory, but it’s also two days old. Yesterday, as an effect of the Bitcoin price dropping, the index also saw a plunge and reached a value of just 27.
Today isn’t any different; the metric’s latest value is 28, only three units away from the bottom sentiment region.
The market continues to observe fear | Source: Alternatif
The report notes that the index still showing fear suggests investors don’t believe the seemingly endless bear market is over just yet.
BTC Fiyatı
Yazı yazıldığı zaman Bitcoin fiyatı son yedi gün içinde %20.1 artışla 5 bin dolar civarında seyrediyor. Geçen ay, kripto %17 değer kaybetti.
Aşağıdaki grafik, son beş gün içinde madeni paranın fiyatındaki eğilimi göstermektedir.
Looks like the value of the crypto has observed sideways movement following the plunge a few days back | Source: TradingView'de BTCUSD
Unsplash.com'da Traxer'dan öne çıkan görsel, TradingView.com'dan çizelgeler, Arcane Research
Source: https://bitcoinist.com/crypto-market-pulls-out-extreme-fear-only-narrowly/