The price of Bitcoin (BTC) has strongly risen above 97,000. However, surprisingly, the Fear and Greed Index has not followed suit and instead shows a declining trend, currently falling back to 82, which is in the extreme greed range.

Thus, the phenomenon of emotional divergence still clearly exists.

If the price continues to rise, but the Fear and Greed Index remains unable to break through 90, we can regard this surge towards 100,000 as the final mad dash phase.

Although we in the crypto circle have not deeply experienced that extreme fervor, from the perspective of the dollar market, the performances of MicroStrategy (MSTR) and Exchange-Traded Funds (ETFs) have indeed demonstrated a very strong FOMO (Fear of Missing Out) sentiment.

Once the price successfully breaks through the important psychological barrier of 100,000, the buying frenzy will surely ensue. Make sure to check the homepage and start your wealth journey!

Considering various factors comprehensively, this bull market is likely to establish its peak above 100,000, whether from the perspectives of market psychology, capital flow, or overall trends, it is reasonable and logical.