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## Has the Crypto Surge Ended? A Leading Expert Reveals His Opinion
Even though the digital currency arena is covered in monetary decline and apprehension, experienced digital currency researcher and investor Wang Qiao thinks this phase is not finished yet. Simultaneously, Bitcoin ETFs are observing their initial increase after their poorest week in months.
## 80% Likelihood: Wang Qiao Discloses His Perspective on the Positive Market
Wang Qiao, a knowledgeable digital currency analyst at Alliance DAO, co-creator of Messari, and presenter of the Good Game Podcast, implies there’s an 80% chance that the ongoing digital currency positive market hasn’t reached its highest point. He communicated this viewpoint with his 164,000 supporters on X yesterday, February 28, 2025.
His supporters mostly concur with this evaluation. The present digital currency phase commenced in mid-November 2022, following the FTX failure.
Thus far, the biggest digital currency, Bitcoin (BTC), attained a price summit of $109,114 on January 20, 2025. Since then, Bitcoin’s price has decreased by 22.51%.
Usually, Bitcoin (BTC) phases peak in the fourth quarter following a halving occurrence. Prior records were established in December 2017 and November 2021, correspondingly.
The most recent Bitcoin (BTC) halving occurrence transpired on April 20, 2024, diminishing the block reward to 3.125 Bitcoins (BTC) per block.
## Digital Currency Belief Drops to Lowest Level Since Terra Failure
Concurrently, negativity is overwhelming the digital currency sphere based on various indications. Yesterday, Bitcoin (BTC) declined below $80,000 for the first time in three months because of intensified geopolitical strains.
The Alternative Fear and Greed Index has decreased to 10/100, the lowest “Extreme Fear” zone since the Terra failure in May-June 2022.
The total stablecoin supply, a crucial indicator of digital currency market belief, has also reverted to 2024 levels, with all major issuers destroying their tokens.
The Bitcoin ETF experienced a minor increase in capital influx today, largely attributable to Fidelity and ARK offerings. This development follows a week-long period of capital leaving the market and constitutes the only positive aspect observed in today’s trading environment.
