Alternative data shows that today’s panic and greed index is 84, an increase of 6 points from yesterday’s 78. The market sentiment is extremely greedy. This value hit a new high since June 2019 and is also the top five in history. The last time it jumped above 80 was when Facebook published its Libra white paper last year. Link Wen’s Note: The panic index threshold is 0-100, where 0 means “extreme fear” and 100 means “extreme greed”. Including indicators: volatility (25%) + market trading volume (25%) + social media popularity (15%) + market research (15%) + the proportion of bitcoin in the entire market (10%) + Google hot word analysis (10%).