Good afternoon. This morning, ETH had a little dip, and over the last 24 hours lost 3.61 %. At writing, 1 ETH currently = $2,676 USD. At 11:30 a.m. New York City time, today Wednesday, February 2'nd, Twitter account Ethereum Fear and Greed Index @EthereumFear posted an index score = 37. That is a gain of 3 points from the index score posted at 7:30 a.m. New York City time the previous day on February 1'st. The index remains at the level of "fear" and has not changed since yesterday. Upon yesterday's post at index = 34, the price was $2,781 USD/ETH, and the price was $2,657 USD/ETH when today's index = 37 posted. Despite this morning's mini-dip, over the last 7 days, ETH is up 2.42 %.
There is relatively less information for this index that is provided with respect to important metrics compared to the Bitcoin Fear and Greed Index. However, they are probably similar and both based upon algorithmic multifactorial analyses including market sentiment. I sure hate gas fees, but ETH is seemingly indispensable for the time being. Nice to see ETH along with our other favorite crypto's holding its ground. Let's hope it keeps trending upwards. Thanks for stopping by and may all your days be Green.
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