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 should wait for market sentiment to cool down before seeking entry opportunities.

Although Bitcoin's price recently hit a historic high of $123,100, some analysts believe that there are no signs of overheating in the market yet. CryptoQuant analysts point out that typical market peak indicators have not yet appeared, suggesting that the upward trend may continue.