Fear and Greed Index falls from 69 to 51 in a day
- —Index fell 18 points in a day — from 69 to 51
- —Zone shifted from 'greed' to 'neutral'
- —Volatility and volume each carry 25% of the index weight
- —Calculation is focused on bitcoin
Why it matters: The sharp index drop reflects cooling risk appetite, but the neutral zone does not signal a trend reversal.
Source: TokenPost