Madala volatiilsusega krüptoturg pakub üllatavalt stabiilset hirmuseisundit

Data shows the crypto market has remained in a state of extreme fear recently despite the Bitcoin volatility being quite low.

Krüptohirmu ja ahnuse indeks viitab jätkuvalt "äärmuslikule hirmule"

Vastavalt viimasele nädalaaruandele alates Arkaani uurimine, investors in the cryptocurrency sector have remained extremely fearful since late August.

"hirmu ja ahnuse indeks” is an indicator that tells us about the current sentiment among participants in the crypto market.

The metric makes use of a numeric scale that runs from zero to hundred for representing this sentiment. All values above 50 mark periods of greed, while those below the threshold suggest fear among the investors.

At values towards either end of the range, that is those above 75 and below 25, occur mentalities of “äärmine ahnus” and “extreme fear.”

Now, here is a chart that shows the trend in the crypto fear and greed index over the last year.

The value of the metric seems to have not changed much in recent days | Source: Arcane Researchi iganädalane värskendus – 39. nädal, 2022

As you can see in the above graph, the crypto fear and greed index has a value of 20 at the moment, implying the market is extremely fearful.

This is a continuation of an extreme fear streak that started more than one month ago, back during late August.

Historically, investors have usually maintained fearful sentiments during periods of high volatility in coins such as Bitcoin, while stretches of low volatility have accompanied times of greed.

However, while this recent run of extreme fear took place, the price of BTC mostly stayed constant around the $19k mark. The below graph shows how unusually low the volatility has been for the coin recently.

Looks like the Bitcoin volatility has plunged down in the past week | Source: Arcane Researchi iganädalane värskendus – 39. nädal, 2022

The report notes that the crypto market investors having such a rock-bottom sentiment while the BTC volatility has also been low suggests there is an innate fear among the participants that the worst of the bear market hasn’t passed over yet.

BTC hind

Selle kirjutamise ajal Bitcoini hind hõljub umbes 20 5 $, mis on viimase nädalaga 1% rohkem. Viimase kuuga on krüpto väärtus tõusnud XNUMX%.

Allolev diagramm näitab mündi hinna trendi viimase viie päeva jooksul.

Krüpto väärtus näib olevat viimase paari päevaga tõusnud | Allikas: BTCUSD TradingView'is
Featured image from Rudi De Meyer on Unsplash.com, charts from TradingView.com, Arcane Research