Today, the Fear and Greed Index surged to 94, and many believe this situation is similar to the period from late October 2020 to early February 2021. Many people are saying that it's only Bitcoin that is rising while most altcoins are still stagnant, feeling only fear and not greed. If we were to completely replicate: at the end of December 2020, Bitcoin broke through the previous high from December 2017, and by early January 2021, Bitcoin's price was already twice that of the end of 2017. At that time, Ethereum was still less than half of its early 2018 peak. Currently, Bitcoin is 1.5 times the peak of 2021, and Ethereum has already reached 70% of its peak in 2021. Looking at it this way, it feels like things have improved. Regarding whether altcoins can rise, there are two opinions: one is that the time has not yet come, and Bitcoin must continue to break previous highs to stimulate the vast potential of the cryptocurrency market; the other is that this year's market has changed, with no truly valuable innovations emerging, leading to fatigue in purely narrative-driven investments. Investors have become more mature, favoring low circulation and high FDV VC coins, and as investors become increasingly sophisticated, the market will become structured (the good will become better, and the bad will become worse).

Click to follow, if you have any questions that need consulting or want to exchange and learn together. Check out the introduction to the cooking industry to avoid unnecessary fat in the circle. $XRP $BNB $BTC #美国GDP数据即将公布 #币安HODLerTHE #XRP市场价格动向 #比特币盘整分析 #BNBChain生态MEME币发力