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Bitcoin social media discussions account for 43%, analysts warn of short-term correction risks

According to online reports, market analysis platform Sanitation data shows that Bitcoin accounts for 43.06% of cryptocurrency social media discussions, a record high. Analysts pointed out that similar high popularity is often accompanied by short-term price corrections, advising investors to wait for market sentiment to cool down before looking for entry opportunities. Although the price of Bitcoin recently hit a record high of $123,100, some analysts believe that the market has not yet shown signs of overheating. Analysts at CryptoQuant pointed out that there are still no typical market peak indicators, indicating that the upward trend may continue.

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