The Crypto Fear and Greed Index is a holistic metric for analyzing sentiment in cryptocurrency markets. This metric takes into account key market indicators to determine the level of fear or greed, ranging from 0 to 100. Within this range, there are five possible classes: Extreme Greed, Greed, Neutral, Fear, and Extreme Fear.

With the FGI, traders and investors can accurately determine the psychological and emotional sentiment for entire markets or individual currency pairs. It serves as an indicator that can form an essential part of well-founded investment strategies.