The price of Bitcoin has broken 97,000, but why is the market sentiment not that high?
The reason is quite simple, just want to ask everyone, how many Bitcoins do you have in hand? 😂
In the crypto world, most are small retail investors who can't afford a whole Bitcoin, and their funds are mostly invested in altcoins.
Now Bitcoin keeps hitting new highs, but altcoins have not only failed to catch up but some are even dropping.
So, the new highs for Bitcoin are indeed good news, but for those retail investors who have all their funds tied up in altcoins, this seems like good news for others and has little to do with themselves, naturally, the overall market sentiment can't rise.
So, you understand, haha
