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Crypto Fear and Greed Index

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📊 Crypto Fear & Greed Index — by victhoreb

Decode the emotional pulse of the crypto market with this all-in-one Fear & Greed Index! 🧠💰 This custom-built indicator blends 7 powerful market signals into a single sentiment score ranging from 0 (😱 Extreme Fear) to 100 (🚀 Extreme Greed), helping you spot potential tops, bottoms, and trend shifts with clarity.

🔍 What’s under the hood?

Each component reflects a unique psychological or macroeconomic force:

- ⚡ Market Momentum: Measures how far BTC is from its 125-day average — are we overextended or undervalued?
- 📈 Crypto Price Strength: Tracks the dominance of altcoins (OTHERS.D) — rising dominance = growing risk appetite.
- 💵 Digital Dollar Dominance (USDT.D): A proxy for stablecoin demand — more USDT dominance = risk-off behavior.
- 🐦 Twitter Sentiment (LunarCrush): Captures real-time posts on TWITTER about Bitcoin — are the crowds euphoric or panicking?
- 🌪️ Volatility (VIX): Inverted VIX deviation — higher fear in traditional markets often spills into crypto.
- 🛡️ Safe Haven Demand: Compares BTC returns vs. US10Y bonds — are investors fleeing to safety or embracing risk?
- 🧨 Junk Bond Demand (BAMLH0A0HYM2): Inverted high-yield spread — tighter spreads = more greed in credit markets.

🎯 Why use it?

This index gives you a quantified view of market sentiment, helping you:

- Anticipate reversals during emotional extremes
- Confirm trend strength or weakness
- Stay objective when the market gets irrational

🧭 Visual Dashboard

A custom offset sentiment meter shows current positioning with intuitive labels:
- 😱 Extreme Fear
- 😨 Fear
- 😐 Neutral
- 😄 Greed
- 🚀 Extreme Greed

Color gradients and dynamic labels make it easy to interpret at a glance.

Ready to trade with the crowd—or against it? Add this indicator to your chart and let sentiment guide your strategy! 📈🧠

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