According to ChainCatcher, citing data analysis from Sentimentrader, the vast majority of cryptocurrencies are currently not within 5% of their 252-day highs.
In contrast, when Bitcoin set new records in February and November 2024, approximately 75% and 40% of cryptocurrencies were within 5% of their 252-day highs, respectively.
Historically, Bitcoin tends to pull back when a large number of cryptocurrencies are trading close to their historical peaks. The current divergence suggests that Bitcoin may have more room for growth.





