According to BlockBeats news on August 11, the crypto fear and greed index today is 70, up from 69 yesterday (the average for last week was 64), indicating that market sentiment is in a state of 'greed'.
The sentiment in the crypto market dropped to 53 at the beginning of the month, marking the first time since July that it fell into 'neutral'. It has now fully recovered.
Note: The fear index threshold ranges from 0 to 100 and includes indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market surveys (15%) + Bitcoin's proportion in the overall market (10%) + Google trends analysis (10%).