Hi! 😊
The Fear & Greed Index (Crypto Fear & Greed Index from alternative.me, the same should apply to Binance) is calculated daily and is based on 6 indicators that together give a score from 0 to 100.
How is it calculated exactly?
Each indicator has its own weight and compares current data with the historical average. The results are summed up and normalized into one final number.
What does it come from? (factors + weights)
Volatility – 25 %
Momentum and trading volume – 25 %
Social media (mainly Twitter/X) – 15 %
Surveys – 15 % (currently paused, so not counted)
Bitcoin dominance – 10 %
Google Trends – 10 %
What period does it cover?
Simply put: The index tracks whether the market is currently “panicking” or “going crazy with greed”, and is mainly based on Bitcoin’s behavior over the last 1–3 months. Most data (volatility, momentum, volume) looks at the past 30 and 90 days, while social media, dominance and Google Trends use very recent data (days to weeks).