Market Indicator: Crypto Fear Index rises to 24, market remains in extreme fear zone

LiquiditySurfer · 2026-01-23T00:22:09+00:00

Today, the crypto market's Fear and Greed Index has risen to 24. Although it has rebounded somewhat, it still indicates an extreme fear state. The index combines six dimensions including volatility, trading volume, and social media activity, reflecting investors' cautious attitude.

LiquiditySurfer

2026-01-23 00:22:09

Abstract generation in progress

[BlockBeats] Today, the market sentiment index has shown new movement. According to Alternative data, the crypto market’s Fear and Greed Index has risen to 24, slightly up from yesterday’s 20, but still far below the weekly average of 49. In simple terms, the market is still struggling in the “extreme fear” swamp.

You may ask how this index is calculated. It’s actually quite complex. It combines six dimensions: volatility (25%), trading volume (25%), social media activity (15%), market survey feedback (15%), Bitcoin’s market share (10%), and Google search trend analysis (10%). The weighted sum of these components results in an index ranging from 0 to 100.

Looking at recent performance, the market is still dominated by fear, with investors’ sentiment clearly cautious. However, the slight increase from 20 to 24 indicates a glimmer of relief.

BTC-1.45%

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rekt_but_not_broke

· 4h ago

24 is still too low; I won't get in until it reaches 50. Wait, why does this index seem to have a somewhat low social media hype weight? Now it's full of FUD everywhere. They started hyping from 20 to 24? Bro, it needs to drop another round to hit the bottom. In extreme panic, you should be buying the dip. Why are you still crying about it? The highest proportion is 25% volatility... No wonder it's been so turbulent lately.

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GetRichLeek

· 6h ago

24 dare to say it's warming up? Damn, this is just the fake line before the big players accumulate, wait to be liquidated All the ones losing heavily are waiting to buy the dip, the real big shots have already ambushed early, I'm just that fool who buys the top Extremely panicked? Then I must be buying the dip, but it dropped again... On-chain data clearly supports it, what's going on From 20 to 24, this rebound has some substance, but I don't believe it, let's see if the technicals can fool me again The index has only risen 4 points, still in the mud pit, and the chives are about to be harvested again

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DefiPlaybook

· 7h ago

What does the 24 Panic Index indicate? Volatility and trading volume each account for 50%, which are actually the main factors suppressing the index. From the data structure, social media popularity and market surveys each account for 15%. These two reflect psychological factors, and their current lows indicate that market sentiment has indeed collapsed. The key point is that Bitcoin's weight is only 10%, which actually makes the market risk more diversified, not just about BTC. The increase from 20 to 24 seems like a sign of improvement, but it's still far from 50. The recovery cycle probably won't be quick, and we need to observe whether trading volume can pick up later. Google search hot words are also included, indicating that even retail investors' search enthusiasm has dropped, which is truly extreme panic.

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New_Ser_Ngmi

· 01-23 00:52

24 is still too low, there's really no bottom this time Why are you still in extreme panic? Could it be that it's going to fall further? Wait, was it really as high as 49 last week? Why did it suddenly crash? Honestly, volatility and trading volume each account for half the weight. Neither is working now. Huh? Only a 4-point increase? This rebound is too weak. But it's still better than 20, at least some people dare to move.

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Anon4461

· 01-23 00:51

24 minutes is really outrageous, is this called a warming? I think it's just a last gasp. Rising from 20 to 24 and trying to comfort us, how funny. Extreme panic and despair +1, it was about time to buy the dip. Calculating the index like this, the volatility weight is the largest and the most dangerous. Market sentiment is still a mess, who dares to move?

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LayerZeroHero

· 01-23 00:38

The number 24 is really disappointing; it needs to go back above 50 for a good night's sleep. --- Struggling in extreme panic, listen to this phrase—how much does it need to fall to truly hit bottom? --- From 20 to 24, the rebound... how to say it, it's like adding a drop of water to a cup; it can't save the situation at all. --- After calculating six dimensions, trading volume and volatility account for half the weight. No wonder it's so bearish now; there's no volume. --- Last week's average was 49, now it's 24, almost halved. The market's brain is a bit off. --- Bitcoin's share weight is only 10%, while social media buzz accounts for 15%, so right now, it's just a bunch of people crying poverty online to support the index. --- Once again plunged into extreme panic; this is already the nth time this month, feels like it's a permanent state here. --- Google trending analysis accounts for 10%, which means a bunch of people are searching "Will cryptocurrencies still fall," haha. --- Cautious mindset is a euphemism; frankly, investors are basically just avoiding it now. --- A slight rebound, so what? I won't believe the bottom is really here until I see 50.

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DegenDreamer

· 01-23 00:35

24 minutes still stuck in the mud, this rebound is too strong, feels like it will take a long time to return to 50+ --- Is social media popularity weight only 15%? This has to be driven by big influencers in the crypto circle, the index is being hijacked by public opinion --- Here we go again, every time the market panics I see these data repeatedly play out, I really don’t know if the panic index is chasing the market or the market is chasing the panic index --- From 20 to 24, is that called a recovery? We retail investors have long adapted to the floor price --- Breaking down into six dimensions clearly, but what about predictability? This index always feels like it’s lagging behind --- From 49 to 24, falling even more sharply than the coin price, no wonder everyone is bottom fishing, who wouldn’t want to bet on this wave of extreme panic?

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DEXRobinHood

· 01-23 00:32

24 is still too tragic, the market is really hopeless... Wait for the bottom signal to come --- Rising from 20 to 24? This range is almost the same as no increase, and it needs to drop another wave to bottom out --- Extreme panic is a buy signal, I am already prepared --- Another Alternative index, is this thing reliable? I think on-chain data of Bitcoin is more valuable --- Wow, from 49 to 24, the gap is huge, no wonder I’ve been losing badly recently --- Social media popularity weight is only 15%, that’s unfair, Twitter’s panic index is even more accurate --- Be cautious, being cautious means not chasing highs, this bear market should be endured like this

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tx_pending_forever

· 01-23 00:25

Is 24 still daring to be called a rebound? Laughing to death, it's just moving up a centimeter in hell. From 20 to 24, it feels like a yawn in extreme panic. This thing called the index, weighted across six dimensions, sounds very scientific, but in reality, it's just a data patchwork game. Extreme panic isn't over yet; going from 49 to 24—what can I say? It's a complete cut-off. So now the question is, should we buy the dip or keep lying flat? That's the real issue. When the panic index is low, you don't buy; when it's high, you're still afraid. In the end, you're just a bystander. With a 24-point market, I really don't want to watch the charts anymore. Last week was 49, now 24—this drop, no one dares to catch it. Actually, the scariest thing isn't the panic index itself, but that no one knows where the bottom is. Jumping from 20 to 24—are people that happy? I think it's still early.

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