Solana saw impressive gains, topping $240 for the first time in three years while Bitcoin pulled back slightly to just above $90,000, indicating dynamic shifts in investor sentiment.
JPMorgan's sentiment score for Bitcoin-related assets skyrocketed to a record high of 4, reflecting intense retail investor enthusiasm. This euphoria potentially predicts upcoming market volatility.
Analysts note that the extreme bullishness in MicroStrategy's options positioning and Bitcoin’s recent record rally suggest a possible upcoming correction unless BTC continues its parabolic rise.
XRP surged to a three-year high, driven by a rise in futures bets and optimism regarding regulatory changes, indicating increasing market confidence among investors.
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