According to ChainCatcher, market analysis platform Santiment's data shows that Bitcoin accounts for 43.06% of discussions on cryptocurrency social media, reaching a historic high. Analysts suggest that investors wait for market sentiment to cool down before seeking entry opportunities.

Despite Bitcoin's recent price reaching a historic high of $123,100, some analysts believe that the market has not yet shown signs of overheating. CryptoQuant analysts point out that there are currently no typical market peak indicators, suggesting that the upward trend may continue.