Golden Finance reported that according to the comprehensive analysis of the Alternative data platform, the fear and greed index of the cryptocurrency market reached 34 today. This index is calculated by taking into account multiple indicators such as volatility, trading volume, social media popularity, market survey results, the proportion of Bitcoin in the overall market, and Google hot words analysis. The increase in the index value indicates that participants' sentiments in the market are gradually recovering from previous caution or panic states, showing an increased confidence of investors in the cryptocurrency market. This change reflects that after a period of fluctuation, the market has begun to show signs of recovery, and investors hold a more optimistic attitude towards the future trends of cryptocurrencies.