What the Fear and Greed Index Shows
As of August 13, the Fear and Greed Index — a sentiment gauge adapted for digital assets by Alternative.me — stands at 73, firmly in the “greed” range. The scale runs from 0 to 100:
- 0–25: Extreme fear (assets may be undervalued)
- 26–50: Caution or neutrality
- 51–75: Greed (increasing market enthusiasm)
- 76–100: Extreme greed (heightened risk of correction)
The index, originally built for the stock market, factors in volatility, trading volume, market momentum, Bitcoin dominance, and other key metrics when applied to crypto.
Recent Movement in Sentiment
Over the past 24 hours, the index jumped five points, highlighting a surge in risk-taking behavior. Investors are actively buying into the market, motivated by a fear of missing out on further price gains.
Data source: Source: Alternative.me
How Traders Use the Index
When the index hits extreme greed (above 75), seasoned traders often lock in profits or prepare for potential pullbacks. Conversely, readings in extreme fear territory (below 25) can signal attractive entry points, as assets may be temporarily undervalued.
If the market is trending up and the index stays in greed territory, momentum may continue. However, a rapid spike into extreme greed sometimes precedes a reversal. Prolonged fear, without fresh negative catalysts, can hint at an upcoming rebound.
Current Market Snapshot
According to CoinMarketCap:
- Bitcoin (BTC): $119,567 — flat on the day, up 4.69% over the past week.
- Ethereum (ETH): $4,602 — up 7.31% in the last 24 hours.
- Solana (SOL): $ — surging 12.68%, the biggest gainer among the top 10 by market cap.