Study of the cryptocurrency fear and greed index: features, trends, and development prospects
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Mickiewicz Jegor
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The article examines the cryptocurrency fear and greed index as a tool for analyzing behavioral factors influencing the dynamics of the digital asset market. It is shown that the cryptocurrency market is characterized by a high sensitivity to investor sentiment, which determines the significance of aggregated sentiment indicators. Based on the analysis of scientific studies and empirical data, the structure, dynamics, and interpretation of the fear and greed index are investigated. It is established that changes in the index values are consistent with the phase states of the market. Particular attention is paid to the relationship between the index, inter-cryptocurrency correlations, and systemic behavioral effects. Prospects for the development of the cryptocurrency market are formulated, taking into account the transformation of investor sentiment and the evolution of analytical tools.
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Authors
Mickiewicz Jegor
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