Fear and Greed indices have existed in equity markets for decades. The crypto version condenses broad market sentiment into a single number from 0 (Extreme Fear) to 100 (Extreme Greed).
The Monetum Intelligence Fear & Greed index is our proprietary version — built from eight independent data streams, each weighted according to its historical signal quality in crypto market cycles.
| Component | Weight | Signal |
|---|---|---|
| Price Momentum | 15% | BTC momentum vs 30-day and 90-day moving averages. Above both = Greed. Below both = Fear. |
| Volatility | 15% | Current 30-day realised vol vs 90-day average. Elevated = Fear. Compressed = Neutral. (Extreme up-side vol can paradoxically read as moderate Greed.) |
| Derivatives Funding | 15% | Perpetual futures funding rates across Binance, OKX, and Bybit. Persistently positive = Greed. Negative = Fear. |
| Long/Short Ratio | 15% | Open long vs short positions. Heavily long-skewed = Greed. Short-skewed = Fear. |
| BTC Dominance | 10% | Rising dominance = rotation to safety = Fear. Falling = risk-on = Greed. Weighted lower — moves slowly. |
| Social Sentiment | 15% | NLP analysis across monitored social feeds. Euphoric volume with positive language = Extreme Greed — historically a reliable contrarian warning. |
| Reddit Activity | 10% | Posting volume on major crypto communities. High retail engagement = late-cycle Greed. Low = accumulation Fear. |
| Developer Activity | 5% | Open-source development activity across major chains. Baseline health signal. Lowest weight — least responsive to short-term shifts. |
| Score | Label | Historical Context |
|---|---|---|
| 0–24 | Extreme Fear | BTC historically returned +84% avg over the following 12 months |
| 25–49 | Fear | Patient accumulation zone. Weak hands exiting. |
| 50–74 | Greed | Valid trend signals. Monitor for overextension. |
| 75–100 | Extreme Greed | Previous cycle peaks (Nov 2021, Mar 2024) reached 80–95. |