COINOTAG News reports, on November 18, citing Alternative Data, that the cryptocurrency fear and greed index sits at 11, down from 14 yesterday, with a weekly average of 26. The market remains in extreme fear, showing a brief easing before renewed pressure.
The fear and greed index operates on a 0-100 scale and aggregates six pillars: Volatility (25%), Market Trading Volume (25%), Social Media Hype (15%), Market Surveys (15%), Bitcoin’s Dominance (10%), and Google Trends Analysis (10%).
This configuration signals cautious sentiment among investors as risk-off postures persist, with potential implications for short-term liquidity and asset rotation across crypto markets.
Traders should watch shifts in the component metrics for early signs of a sentiment turn, particularly any rise in volume or a contraction in volatility that could precede a recovery.
Source: https://en.coinotag.com/breakingnews/bitcoin-in-extreme-fear-as-crypto-fear-and-greed-index-falls-to-11-weekly-average-26
