Fear & Greed Index at 34, 6th consecutive day of 'Fear'... up 8 points from the previous day
Original headline공포·탐욕지수 34, 6일째 '공포'…전날보다 8포인트 상승
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Bitcoin’s Crypto Fear & Greed Index rose to 34 on the 4th, up 8 points from 26 a day earlier, remaining in “fear” territory for a sixth consecutive session, according to Alternative.me data. The reading compares with 51 (neutral) a week ago and 70 (greed) a month ago, after printing 30 on the last two days of last month and 34, 37 and 26 on the 1st through 3rd of this month. The index weights volatility, market momentum and trading volume at 25% each, social media at 15%, and Bitcoin dominance and Google search trends at 10% each, with surveys at 15%. The modest rebound signals sentiment is stabilizing but still cautious after a sharp pullback from greed levels. Traders will watch whether the gauge can reclaim neutral territory above 50, which would suggest improving risk appetite.
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.
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Bitcoin (BTC), Alternative.me
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