Editor's PiCK

[Analysis] "Bitcoin Surpasses $94,000... Individual Investor FOMO Increases"

Source
Suehyeon Lee

Summary

  • It was reported that Bitcoin surpassed $94,000, leading to an influx of individual investors' FOMO.
  • Santiment stated that this crowd psychology is generally associated with a peak.
  • They added that while reaching $100,000 is highly likely, it is more likely to occur after the overheated situation calms down.

As Bitcoin surpassed $94,000 and continued its rebound, it appears that individual investors' FOMO (Fear of Missing Out) is rapidly increasing.

On the 25th (local time), on-chain analysis firm Santiment reported, "As Bitcoin surpassed $94,200, individual investors' FOMO is intensifying. Such crowd psychology generally tends to lead to a peak."

Santiment added, "Reaching $100,000 is highly likely, but it is more likely to occur after the current overheated situation calms down."

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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