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Viewpoint: Currently, most coins have not reached ATH, which may indicate that Bitcoin still has significant rise potential.
According to BlockBeats news on July 12, citing data analysis from The Kobeissi Letter and Sentimentrader, the vast majority of coins are currently not in the historical peak range (5% of the high points within 252 days). In contrast, when Bitcoin set new records in February and November 2024, approximately 75% and about 40% of Crypto Assets were within 5% of their 252-day highs, respectively. Historically, when a large number of Crypto Assets are trading near historical peaks, Bitcoin tends to pull back. The current divergence indicates that Bitcoin may have more room for rise.