【Blockchain Rhythm】According to the latest data, the sentiment index of the cryptocurrency market on January 9th dropped to 27, lower than the previous day’s 28. What does this mean? The market sentiment is in a clear panic phase. The average value for the entire last week was only 28, and it has been hovering in the panic zone for several consecutive days, indicating increasing coldness in the market.
How is this sentiment index calculated? The system assesses six dimensions: volatility accounts for 25%, market trading volume accounts for 25%, social media popularity accounts for 15%, market survey data accounts for 15%, Bitcoin’s market share accounts for 10%, plus Google search trend analysis accounts for 10%. These indicators combined, with a score between 0 and 100, reflect the actual temperature of the entire market.
The lower the index, the more intense the panic atmosphere. Currently, with the number at 27, it indicates that market participants’ confidence is indeed declining, and trading enthusiasm is also waning. When this ongoing panic state can be reversed depends on how the market develops in the future.
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PretendingSerious
· 01-11 23:33
27? Dropped again? This time it really looks like the bottom is about to be broken.
Let me guess, next we'll see a bunch of "buy the dip" voices...
The sentiment index is probably lying, I just want to know who still dares to move now.
Panic is panic, but could this be an opportunity? Something's not right, everyone.
27 has fallen so much, is it really that no one is playing, or are they just gathering strength?
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just_another_wallet
· 01-10 08:28
The number 27 is quite extreme… Continuously hovering in the panic zone, this might really be the sign of a major event.
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Dropped again, from 28 to 27, setting a new low each day. It still feels far from the bottom.
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To be honest, I think this index algorithm isn't accurate enough; social media popularity only accounts for 15%. What about those who are calling for it every day?
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The panic index is at 27, but I’m not panicking… I’m actually a bit excited. You get me, right?
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Last week’s average was 28, now it’s 27. Is this continuous decline a signal to short?
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Volatility and trading volume each account for 25%, with the rest being miscellaneous… It feels like there’s a problem with this algorithm.
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The market is very cold; where has all the money gone? That’s what we should be thinking about.
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27… My psychological bottom is about here. If it drops lower, I’ll start buying the dip.
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YieldFarmRefugee
· 01-10 04:05
The number 27 is definitely a bloodbath signal. The worst fears for us are coming true.
Can the panic index go any lower? It feels like it's about to bottom out, right?
Over a week in the panic zone, this wave has really frozen people's hearts, can't hold on anymore.
The market is so cold, holding coins and sleeping or cutting losses, should we buy the dip, everyone?
Watching the index drop every day, my mentality is really collapsing. Who can survive until the rebound?
27 can't hold anymore, buddy. Are you going to buy or keep shrinking?
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0xSoulless
· 01-09 17:40
27 minutes? LOL, this is when the big players quietly scoop up the bottom, while us retail investors are still panicking here.
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ShadowStaker
· 01-09 01:43
ngl the methodology here is kinda sus... 25% volatility + 25% volume is just half the index, and they're weighting google trends the same as btc dominance? idk feels like they're reverse-engineering fear to sell narratives tbh
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PuzzledScholar
· 01-09 01:42
27 this score is really amazing, feels like the market is going to scare us all to death
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Panic index 27... now even the retail investors are not being exploited
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Dropped again? I bet it can fall to single digits next month
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So trading volume is gone, no wonder it's so quiet
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A market with a score of 27... I’m wondering whether to buy the dip or keep watching
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The panic index hits a new low every day, how can anyone keep playing like this
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Volatility 25% weight feels a bit off, the real situation must be even more terrifying
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Social media buzz only 15% weight? That’s purely imaginary
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Is this the bottom or should we keep pushing down
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Isn’t an index of 27 low enough? Just clear the market
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TokenVelocityTrauma
· 01-09 01:35
27 can also drop, will it directly hit 0 next week? I really can't hold on anymore.
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TokenStorm
· 01-09 01:20
This score of 27, to put it simply, means on-chain data is screaming. I tested this model, and the backtested three-year data accuracy is barely 65%, but anyway, I still threw some chips in.
The panic index being so low actually indicates arbitrage opportunities. Historically, every time it hits the bottom, someone is calmly sitting in the storm's eye. The question is, do you dare to be that person?
Volatility and trading volume are declining simultaneously. I saw this signal yesterday, but I haven't calculated the liquidation price yet, so I remain cautious today. However, I have a feeling the main force is holding back a big move.
There is indeed an issue with the data weight distribution. The 15% social media buzz is too high; a single tweet from a big V can sway the entire sentiment. But this also shows how fragile retail investors' mentality is.
A market score of 27? Normal. We small investors have long been used to seeking rebound opportunities amid extreme panic, but when the rebound comes, we get harvested anyway. Losing is losing.
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GasFeeCrybaby
· 01-09 01:14
27This number is really amazing, it feels like the entire market has frozen
Is it still a big profit or a good time to buy the dip? Honestly, no one can tell right now
The panic index is so low, maybe it's a signal...
Down again? My wallet is crying again
Is this wave really the bottom, or will it continue to plummet
Social media buzz is so low, it feels like everyone has given up
Every time they say panic is an opportunity, but I’ve never made money from it
27 points, so cold and chilling, brother
The index is so low that I’m a bit anxious, feeling like a black swan is coming
Should I clear my positions or hold on? That’s the question
Cryptocurrency market sentiment remains subdued, with the fear index hitting a new low of 27
【Blockchain Rhythm】According to the latest data, the sentiment index of the cryptocurrency market on January 9th dropped to 27, lower than the previous day’s 28. What does this mean? The market sentiment is in a clear panic phase. The average value for the entire last week was only 28, and it has been hovering in the panic zone for several consecutive days, indicating increasing coldness in the market.
How is this sentiment index calculated? The system assesses six dimensions: volatility accounts for 25%, market trading volume accounts for 25%, social media popularity accounts for 15%, market survey data accounts for 15%, Bitcoin’s market share accounts for 10%, plus Google search trend analysis accounts for 10%. These indicators combined, with a score between 0 and 100, reflect the actual temperature of the entire market.
The lower the index, the more intense the panic atmosphere. Currently, with the number at 27, it indicates that market participants’ confidence is indeed declining, and trading enthusiasm is also waning. When this ongoing panic state can be reversed depends on how the market develops in the future.