4E: The Crypto Fear Index drops to 45, the market becomes cautious

ChainCatcher news, according to 4E observations, on September 22, the Crypto Fear and Greed Index dropped to 45 (yesterday it was 49, and the weekly average was 53), indicating a shift in market sentiment towards "fear." This index is composed of several indicators, including volatility, trading volume, social media activity, Bitcoin market dominance, and Google Trends.

In terms of regulation, EU finance ministers reached a consensus on the digital euro roadmap at the Copenhagen meeting, emphasizing that it is not only a payment tool but also a political declaration of European sovereignty. However, the plan still requires approval from the European Parliament, with legislation expected to be completed by June 2026 at the earliest, and the official issuance may take another 3 years, during which it will still face challenges related to data privacy and financial stability.

In market performance, Bitcoin is trading around $117,800. Researcher Axel Adler Jr. pointed out that since September 9, ETF inflows have reached $2.8 billion, with a bullish sentiment in the futures market, predicting a 70% chance of BTC reaching a new high in the next two weeks. If the closing price breaks above $117,500, it will confirm the upward trend and reduce downside risks.

4E reminds investors: the decline in sentiment indicators coexists with ETF inflows, indicating an increase in short-term market divergence. It is recommended that investors maintain flexible position management while paying attention to macro regulatory and policy developments.