- Ethereum market analysis platform tweeted that the Fear and Greed index touched 64.
- Bulls toil hard in the red zone but bears plummet ETH prices.
- If the bears are dominant ETH could tank to support 1 but the 200-day MA may interject.
Multifactorial Ethereum Market Sentiment Analysis Platform shared on Twitter that the Fear and Greed Index struck 64 with the price of Ethereum at $1,646. The Fear and Greed Index indicator takes various parameters into account. It takes into consideration volatility, market momentum/volume, social media, dominance, and trends.
Ethereum Fear and Greed Index is 64 – GreedCurrent price: $1,646https://t.co/yoIKh1cz3rhttps://t.co/suxQVf8BBW pic.twitter.com/yEk2qdPony— Ethereum Fear and Greed Index (@EthereumFear) January 30, 2023
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