PANews reported on May 26 that Matrixport published an analysis saying: "Bitcoin continues to hit new historical highs, but market sentiment remains rational. We have observed that trading volume has not increased significantly and funding rate fluctuations have been relatively stable. In the absence of retail investors following up, whether Bitcoin's rise is sustainable remains to be seen. We have been firmly bullish since mid-April, and Bitcoin's performance has confirmed our judgment. However, if we want to continue the current momentum, it may require broader capital participation and markets. At this stage, it may be wise to lock in profits appropriately."
Opinion: In the absence of retail investors following up, the sustainability of Bitcoin's rally is in doubt
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Author: PA一线
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