Bitcoin hits a new historical high, but market reaction is lukewarm??
Yesterday, Bitcoin broke its historical high, reaching $107,800, but the market sentiment was not as enthusiastic as expected [hushed][hushed]
The main reason is:
Only Bitcoin is rising, while other sectors are performing weakly, with most like L1, RWA, GameFi, Meme, L2, DePIN, NFT tokens either declining or having limited gains.
Bull market sentiment has not yet fully ignited; even though Bitcoin broke its previous high, investors are still waiting for a comprehensive bull market to arrive [yawn]
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