#MarketSentimentWatch
The current market sentiment is leaning towards *fear*, with the Crypto Fear & Greed Index standing at 44, indicating a fearful market ¹. This index is calculated based on various factors, including volatility, social media sentiments, surveys, market momentum, and more.
Historically, the index has fluctuated between extreme fear and extreme greed. For instance, last month, the index showed *extreme greed* with a score of 76, while last week, it indicated *fear* with a score of 46 ¹.
In terms of Bitcoin sentiment, the market is currently experiencing *bearish* sentiment, with a sentiment score of 39 ². This suggests that investors are cautious and uncertain about the market's direction.