Data: After the Bitcoin pullback, market sentiment remains relatively stable, with the fear index still at 71, indicating a level of "greed."
Despite yesterday's Bitcoin pullback leading to a significant decline in altcoins and on-chain tokens, according to Alternative data, the Crypto Fear and Greed Index still reports 71 (the same as yesterday), indicating that market sentiment remains at the "Greed" level.
Note: The Fear Index threshold ranges from 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).
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