Binance market data indicates that the Crypto Fear and Greed Index has decreased to 32 today, down from 34 yesterday, with last week's average also at 34. This suggests that market sentiment remains in a state of 'fear.'
The Fear and Greed Index ranges from 0 to 100. It is calculated based on several factors: volatility (25%), market trading volume (25%), social media trends (15%), market surveys (15%), Bitcoin's market dominance (10%), and Google search trends (10%).