I took a look at the famous Bitcoin rainbow chart, and it might really be outdated now. In previous bull cycles, prices could even break into or surpass the "Maximum Bubble Zone," and then gradually decline afterward. But in this cycle so far, the price hasn't even broken through the "Relatively Cheap" zone. Interestingly, during the previous bear market, the price once dropped below the "Clearance Sale" zone. Times are changing, and the structure is changing as well; Going forward, the rainbow chart might need to add more colors. 🤣 https://t.co/Xa4UsCFBld
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