In April, a total number of 1974 valid questionnaires were collected through WeChat subscriptions, Weibo, E-mail, twitter, telegram and other foreign and domestic channels. It is the first time that data from professional investment institutions were taken into account. The questionnaires were distributed from April 25 to April 30 to the cryptocurrency investors from 23 countries, including China, the United States, South Korea, Japan, and Singapore.
The composite investor sentiment index in April scored 83.9, with an MoM increase of 17.0%. The short-term investor sentiment index scored 75.9, with an MoM increase of 24.2%. The med-term sentiment index scored 88.4, with an MoM increase of 15.7%. The long-term sentiment index scored 94.0, with an MoM increase of 7.5%.
The index score ranges from 0 to 100. A 50 points means that the market outlook remains neutral.
For more in-depth analyses and details of the study methodology, please refer to the Huobi Cryptocurrency Investor Sentiment Index Report – April,available for download below now for free.
The Huobi Cryptocurrency Investor Sentiment Index Report is produced by the Huobi Academy of Blockchain Application. This is a monthly report, aimed to inform investors with a complete view of the market.
For the full report, download it here: https://blog.huobi.com/wp-content/uploads/Huobi-Cryptocurrency-Investor-Sentiment-Index-Report-April-2018.pdf
The questionnaire is only for collecting investors’ sentiments about the market, and does not represent any opinions or suggestion of Huobi Academy of Blockchain Application (hereinafter “Huobi Academy”). Huobi Academy does not contain any tips or hints about the statistical results, and does not provide any guarantees. Investors should make their own independent and prudent evaluations of the questionnaire result, and should not use it as the basis for investment. Huobi Academy shall not be liable in any manners for any consequences of any reliance thereon or usage thereof.
All questionnaires are currently distributed via the Internet, and the identity of the respondents cannot be confirmed. Although we have expanded the scope and diversity of distribution as much as possible, we cannot rule out the existence of biases in the sample population and cannot represent the views of all cryptocurrency investors.