$BTC Fear & Greed Index: 55 (Greed), down 8 from yesterday.
How is this number calculated?
The index is updated only once a day. It reflects the market mood over a period of time, not real-time sentiment.
The index mainly reflects Bitcoin’s conditions. Smaller coins often move to their own rhythm, so don’t apply it to them blindly.
The point of understanding this indicator is to be less alarmed by a single number—not to use it to pinpoint tops and bottoms.