Cryptocurrency Data Analysis for Today:

The data is all here, click to see historical data:

https://chainalert.me/data/

1) The Fear and Greed Index is at 88 points, increasing steadily, with extreme greed for 10 consecutive days;

2) The market capitalization of stablecoins continues to increase, which is very consistent with the crazy bull market in 2020. The issuance of stablecoins indicates extreme greed;

3) Bitcoin's market capitalization accounts for 60% consistently at a high level, while the altcoin index is at a low level. There is still space for altcoins that have not risen yet to build positions, but this space is getting smaller;

4) The open interest has reached $45 billion, with IO remaining at a high level. The price of coins is rising, indicating that we are currently in an upward channel.