The Fear and Greed Index, which reflects investor sentiment in the cryptocurrency market, has plummeted. According to alternative data analysis, on the 20th, this index dropped from 44 to 32, signaling increased fear. The 32 level still falls within the fear zone, indicating a deepening of bearish sentiment among market participants. According to PANews, this decline in the Fear and Greed Index reflects the recent negative psychological trend in the cryptocurrency market.

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