The BTC price has surpassed 97,000, but the Fear and Greed Index has actually decreased, currently returning to an extreme greed state of 82;
It seems that the emotional divergence is still effective. If the price continues to rise while the FG index fails to exceed 90, then this round of breaking 100,000 can still be viewed as the last wave of madness;
Although those in the cryptocurrency circle have not felt that kind of madness, on the US dollar market side, based on the performances of MSTR and ETFs;
It has actually become very FOMO!
If it can break the psychological barrier of 100,000, then a buying frenzy will occur. It is reasonable from various perspectives that this bull market has its peak set at 100,000+.
