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Axel 💎🙌 Adler Jr
The Bitcoin Unified Sentiment Index combines three components to capture overall market psychology:
(1) the Fear & Greed Index (reflecting macro mood and volatility),
(2) CoinGecko’s up/down votes (reflecting retail sentiment), and
(3) a rolling normalization layer that aligns both on a 1-year window.
The index is scaled to −100...+100, where extreme negative values indicate capitulation and panic, and positive extremes indicate euphoria.
Currently, sentiment is in the extreme bearish zone, similar to stress points seen in l2024,2025 investors are defensive, participation low and risk appetite depressed despite relatively stable BTC prices around cycle highs.
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