Analysis: Bitcoin's current open interest seems to be stabilizing, and some traders may be taking profits to re-enter the market on a pullback

PANews reported on May 28 that according to Matrixport analysis, Bitcoin open interest has increased significantly since the low point in April, while Solana has weakened relatively due to the cooling of the meme coin and Pump.fun craze. Analysts believe that this wave of growth may reflect the market's shift to a higher risk preference, especially after Trump's recent tariff policy adjustment, Bitcoin continues to have the dual attributes of a risky asset and a safe-haven asset, and is increasingly regarded as "digital gold."

However, open interest appears to be leveling off at the moment, suggesting that some traders may be taking profits and planning to re-enter the market on a price pullback.

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Author: PA一线

This content is for market information only and is not investment advice.

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