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get_market_sentiment

Analyze Bitcoin market sentiment by retrieving the Fear & Greed Index value, classification, and 7-day history to inform trading decisions alongside price data.

Instructions

Get Bitcoin Fear & Greed Index: current value (0-100), classification (Extreme Fear/Fear/Neutral/Greed/Extreme Greed), and 7-day history. Use this to gauge market sentiment alongside price data.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault

No arguments

Output Schema

TableJSON Schema
NameRequiredDescriptionDefault
resultYes

Implementation Reference

  • The `get_market_sentiment` tool fetches the current Bitcoin Fear & Greed Index and its 7-day history from the `api.alternative.me` service. It uses `urllib` to request data and returns a JSON-formatted summary containing the current sentiment, classification, and historical data points.
    def get_market_sentiment() -> str:
        """Get Bitcoin Fear & Greed Index: current value (0-100), classification (Extreme Fear/Fear/Neutral/Greed/Extreme Greed), and 7-day history. Use this to gauge market sentiment alongside price data."""
        try:
            url = "https://api.alternative.me/fng/?limit=7"
            req = urllib.request.Request(url, headers={"User-Agent": "bitcoin-mcp"})
            with urllib.request.urlopen(req, timeout=10) as resp:
                data = json.loads(resp.read(1_000_000))
            entries = data.get("data", [])
            if not entries:
                return json.dumps({"error": "No data returned from Fear & Greed API"})
            current = entries[0]
            history = []
            for e in entries:
                history.append({
                    "value": int(e["value"]),
                    "classification": e["value_classification"],
                    "timestamp": e["timestamp"],
                })
            return json.dumps({
                "current_value": int(current["value"]),
                "classification": current["value_classification"],
                "history_7d": history,
                "source": "alternative.me",
            })
        except Exception as e:
            return json.dumps({"error": f"Fear & Greed fetch failed: {e}", "hint": "api.alternative.me may be down. Try again shortly."})

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