PANews reports on April 23rd that the on-chain analysis company glassnode published an analysis on X platform, stating that its Bitcoin supply map shows strong activity from first-time Bitcoin buyers in April: the Relative Strength Index (RSI) remained above 50 throughout the month, reaching 100 last week, and still maintaining a high of 80 today. This indicates that even as prices rise, the "fear of missing out" (FOMO) sentiment in the market continues to increase, with new funds flowing in.
Analysis: First-time Bitcoin buyer activity was strong in April, and market FOMO sentiment is still rising
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