The cryptocurrency market is currently shrouded in a strong atmosphere of panic, with market sentiment indicators remaining low. According to Alternative data cited by BlockBeats on April 8, the cryptocurrency Fear and Greed Index for that day dropped to 24 points (a slight decrease from the previous day's 23 points), and the market sentiment status is still marked as 'Extreme Fear'.
It should be noted that this panic index is set within a range of 0 to 100, and its comprehensive assessment system covers six core dimensions: market volatility accounts for 25%, trading activity accounts for 25%, social media sentiment heat accounts for 15%, market research data accounts for 15%, Bitcoin market share accounts for 10%, and Google search trend analysis accounts for 10%.
