The price of BTC has reached a high of 97,000. However, what is surprising is that the fear and greed index did not rise along with the trend, but showed a downward trend. It has now fallen back to 82, which is in the extremely greedy range. .
In this way, the phenomenon of emotional top divergence still exists.
If prices continue to rise, but the fear and greed index never breaks through 90, then we can regard this round of hitting 100,000 as the final crazy sprint stage.
Although we in the currency circle have not fully experienced the extremely fanatical atmosphere, from the perspective of the U.S. dollar market, the various performances of micro-strategies (MSTR) and exchange-traded funds (ETF) have actually demonstrated extremely high levels of enthusiasm. Strong FOMO (fear of missing out) emotion.
Once the price can successfully break through the important psychological level of 100,000, then the rush to buy will surely surge.
Comprehensive consideration from many aspects, this bull market will build the top above 100,000, which is reasonable and logical from the perspective of market psychology, capital flow or overall trend.
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