- 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.
Source: https://coinedition.com/eth-fear-and-greed-index-at-64-will-bulls-increase-the-greed/