According to ChainCatcher, market analysis platform Santiment's data shows that Bitcoin accounts for 43.06% of discussions on cryptocurrency social media, reaching an all-time high. Analysts suggest that investors wait for market sentiment to cool down before looking for entry opportunities.
Despite Bitcoin's recent price reaching an all-time 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.
