Crypto Fear and Greed Index ticks up to 42 but stays in ‘fear’ zone
Crypto Fear and Greed Index sits at 42 today, up 9 points from yesterday and well off April’s “extreme fear” lows, but still shy of neutral as risk appetite grinds back.
- The CoinGlass Crypto Fear and Greed Index stands at 42 this morning, up 9 points from yesterday, but still signaling “fear” rather than neutral or greed.
- The 7‑day average for the index is also 42, while the 30‑day average sits at 36, showing sentiment has recovered from “extreme fear” levels seen earlier in April but remains cautious.
- The index aggregates volatility, volume, momentum and derivatives data into a 0–100 score, with lower readings indicating fear and higher ones greed, offering a shorthand for crypto market psychology.
The Crypto Fear and Greed Index compiled by CoinGlass is currently printing 42, a reading the provider classifies as “fear” even after a 9‑point jump from yesterday’s level. That move follows a month‑long climb off early April’s “extreme fear” territory, when the gauge dropped as low as 14 before grinding higher through the 20s and 30s as prices stabilized.
On a slightly longer horizon, the 7‑day rolling average of the index also comes in at 42, while the 30‑day average is 36, underscoring how the market has spent most of the past month in a state of subdued risk appetite rather than outright panic or frothy optimism. CoinGlass describes its indicator as a composite of inputs including price volatility, trading volume, market momentum, and derivatives positioning, mapped onto a 0–100 scale where 0 represents maximum fear and 100 maximum greed.
Functionally, that means today’s reading at 42 is sitting just below the “neutral” band—CoinGlass has previously flagged levels in the mid‑40s as a transition zone after fear and before sustained risk‑on behavior takes hold. Other providers, such as CoinMarketCap’s Fear and Greed Index, use similar 0–100 gauges to track whether sentiment skews toward capitulation or euphoria, arguing that extreme fear can coincide with undervalued conditions while extreme greed often precedes corrections.
In short, a print of 42 with matching 7‑day averages and a 30‑day mean of 36 paints a picture of a crypto market that has pulled itself out of a deep sentiment trough but has not yet flipped into aggressive dip‑buying mode—investors are less terrified than they were a few weeks ago, but they are still far from complacent.
