Fear and Greed Index at 31... 16 points lower than the 30-day average

Crypto Fear & Greed Index stood at 31 on the afternoon of the 10th in Korea, up 1 point from the prior day but 16 points below its 30-day average of 47, according to CoinGlass data cited by Marsbit. The reading remains in “fear” territory, 1 point under the 7-day average of 32, which itself sits 15 points below the 30-day average. The index measures market sentiment rather than the price or trading volume of any specific token. The gap between short- and longer-term averages indicates sentiment has deteriorated over the past month. Watch whether the index can recover toward its 30-day average, which would signal improving risk appetite.