Today, the fear and greed index of the cryptocurrency market further dipped to 28 points, still maintaining a 'fear' status level. This suggests that the overall market sentiment is quite cautious, with investors adopting a wait-and-see approach towards market prospects. The index evaluates through a series of key indicators, including market volatility at 25%, trading volume at 25%, social media buzz at 15%, market surveys at 15%, Bitcoin's share in the market at 10%, and a 10% weight derived from Google keyword analysis. These data collectively reveal the general attitude of market participants towards cryptocurrency investment, particularly the confidence level in Bitcoin as the primary asset.