The market greed index has decreased from 94 yesterday

to 80 today

I think this is good news

Bitcoin hasn't dropped much, and even altcoins have risen a bit

However, the greed index has not risen but instead decreased

Currently, Bitcoin's market share has reached 58%

which is a slight drop of two points from the 60% share a couple of days ago

In the 2017 bull market, Bitcoin's highest market share was 90%

Bull peak share was 40%

In 2021, Bitcoin's highest market share was 70%

Bull peak share was 40%

So currently with Bitcoin's market share at 58%, altcoins still have a lot of room to rise

Coins like BNB, XRP, ADA, these will all return to the hundred billion market cap

However, it's also good to pay attention to emerging coins and new narratives from the past two years

In every bull market, besides Bitcoin, a considerable part of the top ten market cap coins will be reshuffled

Including this round as well, the current top ten market cap coins

In two months, the rankings will change again, and Solana has already risen to 3rd place

TON is a new public chain that has emerged in recent years, and its ranking is not low, but the trading volume is too small

Everyone can pay attention to these, perhaps we can identify a few coins that will double