Crypto Fear & Greed Index: our own reading, built from futures positioning
A new public page at https://tradersweek.com/crypto/fear-and-greed-index puts crypto sentiment on a 0–100 scale with a published method: funding, long/short ratios, open interest and actual liquidations, plus bitcoin volatility and momentum, recalculated every hour.
Sentiment from what traders actually hold
Most fear and greed readings lean on price and social chatter. Ours leans on the derivatives market, where traders put money behind their view. The index runs from 0 to 100 and is a weighted average of six inputs:
- bitcoin volatility, 30 days against 90 — weight 20;
- momentum, as RSI(14) on daily candles — 20;
- funding, weighted by open interest — 20;
- the long/short account ratio — 15;
- the 7-day change in open interest — 10;
- the share of shorts among the last 24 hours of liquidations — 15.
Funding, long/short and open interest are each ranked against their own last 90 days, so the index reads 'high for now' rather than an absolute level. If an input has no data, its weight is shared among the rest; if less than half the weight is available, no value is published. The liquidation input sits out on days with under $1M liquidated.
What the page shows
- Today's value and zone — Extreme Fear, Fear, Neutral, Greed or Extreme Greed — against yesterday, last week and last month.
- A widely cited third-party index next to ours, linked to its source, so you can see where the two agree and where they don't.
- A one-year chart of both, a table breaking our reading down by input, and the full method.
The index is recalculated every hour. Open it at /crypto/fear-and-greed-index — free, no account needed.
