According to BlockBeats, Alternative data revealed that on March 5th, the cryptocurrency fear and greed index reached 90 (up from 82 the previous day), marking the first time it has hit this level since February 2021. This indicates that the market is currently experiencing extreme greed. The fear and greed index ranges from 0 to 100 and includes the following indicators: volatility (25%), market trading volume (25%), social media heat (15%), market surveys (15%), Bitcoin's proportion in the overall market (10%), and Google hot word analysis (10%).