According to ChainCatcher, data from market analysis platform Santiment shows that Bitcoin accounts for 43.06% of discussions on cryptocurrency social media, setting a historical high. Analysts suggest that investors wait for market sentiment to cool down before looking for entry opportunities.
Although the price of Bitcoin recently reached a historical high of $123,100, some analysts believe that the market has not yet shown signs of overheating. CryptoQuant analysts point out that typical market peak indicators have not yet appeared, indicating that the upward trend may continue.
