The market sentiment index continued to dip today, falling to 24 points, further declining from yesterday's 25 points. According to the data, the market level remains in a state of extreme fear.



How is this index calculated? It mainly looks at six dimensions - volatility accounts for the largest share (25%), market trading volume also accounts for a quarter (25%), followed by the popularity of discussions on social media (15%), feedback from market surveys (15%), the weight of Bitcoin in the overall market (10%), and finally the trends of Google search hot words (10%).

These indicators together form a complete scoring system from 0 to 100. The lower the number, the stronger the panic among market participants. Currently at around 20, it indicates that market sentiment is in a rather pessimistic state.
BTC-0.87%
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down_only_larryvip
· 4h ago
24 o'clock? It should have been like this long ago, really Falling again? I already said we should buy the dip Fluctuation accounts for a quarter... with this calculation, who wouldn't panic 24 o'clock is the real opportunity, brothers Extreme panic = extreme greed, don’t scare me How come this index feels worse than my Wallet Social media heat only at 15%? Those shitcoin farmers are bragging every day Only falling a little bit in a day? Just wait and see, it has to keep crashing
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ThreeHornBlastsvip
· 12-23 00:31
24 points... What does this number mean? It's time to buy the dip, right? Damn, this wave of fluctuation has already taken a quarter, how can it still fall? Using social media heat to calculate the panic level feels a bit fishy... Extreme panic? I actually feel like an opportunity has come. With over 20 points, the bottom signal is so clear, what are they all waiting for? This index only gives BTC a weight of 10%, is that reasonable, fren? Haha, such a big fluctuation can still only fall by 1 point, it shows that those buying the dip have already taken action. No matter how the index is calculated, it's so pessimistic; the actual situation shouldn't be that bad, right? Extreme panic is the best, just right to enter a position at a low price. Having so many dimensions just to show panic, it's better to just look at the Candlestick Chart.
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