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evo

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Apr 2017
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Crypto Fear & Greed Index
The Crypto Fear and Greed Index analyzes general emotions and sentiments from multiple sources and computes the different results into one simple number. This is represented on a scale from 0 to 100 to show extreme fear to extreme greed:
  • 0 means Extreme Fear
  • 100 represents Extreme Greed
Crypto market behavior is very emotional. People tend to get greedy when the market is rising, resulting in FOMO (fear of missing out). And people tend to sell their crypto irrationally when they see red numbers.
  • Extreme Fear can be used as a sign showing investors are too worried. This represents a possible buying opportunity.
  • Extreme Greed is when investors are getting too greedy. This means the market is usually due for a correction.
Market sentiment is analyzed from the following data sources:
  1. Volatility - Measuring the current and maximum volatility, and comparing against the corresponding average values of the last 30/90 days.
  2. Market Momentum and Volume - Measuring current volume and market momentum, comparing with the last 30/90 day average values.
  3. Social Media - Twitter analysis, computing post counts on applicable hashtags and the rate of interactions in specific time frames. No Reddit sentiment analysis is performed.
  4. Dominance - Coin dominance is measured using the current market capitalization against the entire crypto market.
  5. Trends - Measured using Google Trends data, to include search queries, changes in search volume, and currently popular search trends.
 
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