ChainCatcher News: Cryptocurrency market sentiment has returned to the extreme greed zone, reaching the highest value in nearly a month

According to Alternative data, the Crypto Fear and Greed Index has risen to 78, reaching its highest value in nearly a month, up from 70 yesterday, with an average of 66 last month. Market sentiment has returned to the extreme greed range.

Note: The fear index threshold is 0-100 and includes the following indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Heat (15%) + Market Surveys (15%) + Bitcoin's Proportion in the Overall Market (10%) + Google Trends Analysis (10%).