Cryptocurrency Market Sentiment Weekly Report: Fear and Greed Index Steady at 28, Market Sentiment Remains in a Low Mood
According to the latest data from Coinglass, the current cryptocurrency Fear and Greed Index is reported at 28, unchanged from yesterday's value, still in the "Fear" range.
From the cyclical average perspective, the index's 7-day average is 23, while the 30-day average has further dipped to 19, highlighting a weak pattern of long-term market pressure. Although the sentiment indicator has slightly warmed from the previous extreme lows, the current value still remains in an extremely bearish range, confirming that the market has not fully digested the impact of the recent continuous declines, and investors' risk aversion sentiment remains strong.
