Fear and Greed Index at 28, dropped 22 points in a single day, shifting to 'Fear'
Original headline공포·탐욕 지수 28, 하루 만에 22포인트 내려 ‘공포’로 바뀌었다
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Crypto Fear & Greed Index fell to 28 on the 6th, down 22 points from 50 the previous day, flipping sentiment from “neutral” back into “fear” within a single day. The index moved from 26 on the 3rd to 34 on the 4th to 50 on the 5th before dropping to 28, according to Alternative.me, which calculates the gauge for bitcoin (BTC). A week earlier the reading stood at 30 (fear), while a month ago it was 71 (greed), underscoring how quickly sentiment has deteriorated. The 0-100 index, where lower values signal fear and higher values signal greed, matters because it reflects fragile risk appetite among crypto traders. What to watch next is whether the gauge holds above the low-20s or slides toward the extreme-fear zone seen in prior selloffs.
Muhabbit's AI wrote this summary in its own words from TokenPost's report and translated it from Korean. It can get details wrong, so check the source.
Named in this story
Alternative.me, Bitcoin (BTC)
A linked name opens that asset's sentiment page.