The panic index surges to 20, and extreme fear sentiment is spreading in the crypto market.

【BitPush】Cryptocurrency market sentiment continues to deteriorate. According to Alternative data monitoring, today’s fear and greed index has risen to 20, up from 16 yesterday. In just one day, it has surged, and the market’s extreme panic state is becoming more evident.

How is this index calculated? It mainly considers six dimensions—volatility accounts for the largest weight (25%), market trading volume also accounts for 25%, plus social media activity (15%), market surveys (15%), Bitcoin market cap share (10%), and Google search trend analysis (10%). This system incorporates on-chain data, off-chain voices, and technical aspects to provide a relatively comprehensive reflection of investor sentiment.

The index is scored out of 100. What does the number 20 mean? It indicates a market full of panic. Whether it’s volatility, trading volume, or public sentiment, all point in the same direction—the psychological defenses of investors are weakening.

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Degen4Breakfastvip
· 12-23 07:57
20? Laughing to death, this is called extreme panic, let me check my Holdings before I say anything. --- Here it comes again, a 4-point rise in a day and they start telling stories, can this index system be trusted? --- If volatility is the main factor, then this current drop is the best tool to create panic, right? --- Psychological defenses weakening? Brother, my psychological defenses have long been gone, I've closed all positions for two days now. --- From 16 to 20, in just one day? It feels like Bitcoin is promoting Alternative. --- No matter how high the index goes, I'm not afraid, anyway I've already lost a lot, now I'm just waiting for a Rebound. --- This six-dimensional analysis sounds very professional, but to put it bluntly, it still depends on emotions, it's too subjective.
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MetaverseLandladyvip
· 12-23 06:53
20 is really panic, just yesterday it was 16 and it jumped this much in one day, this wave is a bit harsh --- Here it comes again, every time it's the same set of indicators, the Fluctuation and Trading Volume all point in one direction... Speaking of which, this time is actually an opportunity to buy the dip --- I just want to know, is this 20 real panic or just creating a false illusion of panic --- Looking at this data, it's magnificent, skyrocketing in one day, investors' mentality is indeed stretched --- Is an index of 20 really that scary? I'm already numb --- From 16 to 20 in one day, Google search trends must have exploded, this wave is truly panicking --- Wait, social media heat accounts for 15%, so by discussing this matter we are actually pumping this number? It's a bit funny --- Extreme panic is a good thing, are you ready to enter a position? --- Fluctuation and Trading Volume each account for 25%, if these double, the index will skyrocket immediately, it's too easy to be manipulated --- The psychological defenses are loosening, in plain words, it means the dumb buyers should come out.
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LiquidityNinjavip
· 12-22 13:27
What panic are you talking about? I'm just waiting to buy the dip. Rising from 16 to 20 in one day, this is the real opportunity to enter a position, okay? 20 is still not enough to panic; I'll consider a rug pull when the index breaks 10. Psychological defenses weakening? That's perfect for accumulation; can't you see such an obvious signal? Here we go again with the storytelling; the index is just meant for reverse operations.
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JustAnotherWalletvip
· 12-20 09:19
Panic index 20? Ha, this is the signal for us to buy the dip. History has always taught us this.
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AirdropworkerZhangvip
· 12-20 09:00
Airdrop migrant worker Xiao Zhang's comment: Here we go again, every time there's a sharp drop, it's this set of indices. I think the index is less reliable than my account balance. One day it jumps from 16 to 20. If I manage to catch the bottom this time, I'll really become a leek. Wait, social media buzz is at 15%? So if I curse now, am I also boosting the panic index? What's the big deal about an index of 20? My mentality has already collapsed. If I could trust this broken index, I wouldn't need to mine airdrops.
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SellLowExpertvip
· 12-20 08:51
Uh... 20 minutes? I've been numb for a while, I'm going all in short on this wave --- The surge in the panic index actually means it's time to buy the dip --- Stop hyping the panic atmosphere, wake up everyone --- Enough with those six dimensions, honestly, it's just crazy losses --- Wait a minute, jumping from 16 to 20 in one day? Is that real? How much more does it have to fall --- Psychological defenses weakening? Mine collapsed long ago haha --- An index of 20 means extreme panic, so my mindset must be negative --- Every time I see this index, I just want to laugh, it's pretty real --- If this keeps up, it might drop straight to single digits --- What can social media hype really represent? Just everyone suffering together
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