📈 Bitcoin (BTC) reached an all-time high of over $73,000, causing euphoria in the market. According to Glassnode, there is a redistribution of wealth from long-term holders to new investors.

- Fourth all-time high by cycles

- Market sentiment in the “extreme greed” zone (81 points)

- Increase in the number of new wallets by 54% per month

- Increase in short-term holders by 810 thousand BTC from November 2023

This rise could signal the start of a "euphoria" phase, as seen during the 2017 and 2021 bull rallies.