At the peak, with high winds and rough waves, an impressive posture breaks through the previous high!
After a strong start in early July, even more stunning market movements have unfolded in the past few days! After a brief consolidation earlier this week, prices surged like a bamboo shoot after a rain, approaching $119,000, successfully setting a new historical record!
The market is being swept by a wave of overwhelming optimism—this judgment is not unfounded, as the latest on-chain data provides strong support. A key signal is that, after six months, the Fear and Greed Index has once again soared to a high of 79 points, indicating that market sentiment has clearly moved away from the 'neutral' zone and strongly entered the 'greed' zone!
However, standing at the historical peak, investors must understand the principle that 'it's cold at great heights.' At a time when the greed index is high, maintaining rationality, respecting risks, and formulating clear strategies are essential for navigating the tumultuous waves of the asset market. Although the feast is grand, only the clear-headed can laugh until the end.
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