2026-01-20 01:21:31

#数字资产市场动态 Crypto Fear Index drops below 32, market falls into "Fear Zone"

Latest data from January 20 shows that the cryptocurrency fear and greed index has plummeted from 44 yesterday to 32, with an average level of only 26 this week. In other words, the overall market sentiment has been firmly locked into the fear zone.

How is this index calculated? Simply put, it is a weighted sum of six dimensions: volatility (25%), trading volume (25%), social media activity (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trend data (10%). Adding these together on a scale from 0 to 100, what you see now is in the deep fear zone.

What’s behind this decline? Shrinking trading volume,冷淡的情绪, and even search interest is cooling down. Compared to the weekly average of 26, the market is still digesting some negative news.

$ETH $BTC Still lingering at the bottom, it remains to be seen whether this defensive line can hold.

BTC-1,56%

ETH-2,25%

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

12 Likes

Reward
12
8
Repost
Share

Comment

0/400

BearMarketSurvivor

· 1h ago

It has dropped below 32 again, this wave is indeed quite fierce. When trading volume shrinks, everything else is pointless; only the cooling of search popularity is truly cold. --- Can the bottom defense line hold? Honestly, it's a bit uncertain. --- The weekly average of 26 looks uncomfortable; it seems like it will take some more time to digest. --- Volatility accounts for a quarter of the weight, and given the current environment, it can indeed drag the index down. --- Is the BTC ETH hovering like this, still far from the real bottom? --- Low trading volume is the core issue; in terms of sentiment, it all follows the trading volume. --- The panic index is at 26… so I’ll just keep waiting. Anyway, those entering the market now are all gamblers.

View OriginalReply0

ContractTearjerker

· 5h ago

The number 26 is really the ultimate. The bottom support must hold steady, or else it will plunge again.

View OriginalReply0

BankruptWorker

· 5h ago

It's already 32, just looking at this number you can tell it's a buy-the-dip opportunity. Let's see who can hold on.

View OriginalReply0

PonziDetector

· 5h ago

It has dropped below 32 again. How long will it take to turn things around?

View OriginalReply0

RektRecorder

· 5h ago

Hey really, this wave of the panic index is plunging all the way down. I'm thinking if this is a bottom signal... With such sluggish trading volume, it feels like the big players are holding back a major move.

View OriginalReply0

GovernancePretender