X @Ignas | DeFi

Market Sentiment - Bitcoin reached another All-Time High (ATH), but there is limited Fear Of Missing Out (FOMO) and few typical top signals [1] - Mainstream media coverage of Bitcoin's surge is limited [1][3] - Altcoins like Ethereum (ETH) and Solana (SOL) are still significantly below their ATHs, ETH is 37% down from its ATH set 3 years ago, and SOL is 42% down [1] - Interest rates have not yet been lowered [1] - The Delphi BTC Top signal, a weighted compilation of on-chain, technical, sentiment, and macro data, is at 62, with toppish conditions starting above 75 [1][2] - Limited messages received from non-crypto friends indicate less mainstream awareness [3] TradFi and Crypto Treasury - TradFi Crypto Treasury Ponzis are in the early stages of accumulation, with no clear signs of implosion yet [1]