Glossary - ChicksX

Crypto Fear and Greed Index is a metric indicating market sentiment, ranging from extreme fear to extreme greed.

Crypto Fear and Greed Index is a tool used to gauge the overall sentiment of the cryptocurrency market. It ranges from 0 to 100, with lower scores indicating extreme fear and higher scores indicating extreme greed. The index considers various factors like volatility, market volume, social media trends, and surveys. Extreme fear can signal potential buying opportunities, while extreme greed may suggest a market correction is due. By measuring collective emotions, the index helps traders make informed decisions. It's a useful gauge for anticipating market movements and managing investment strategies in the volatile crypto landscape.