The recent rise in Bitcoin may be driven by institutions, while retail investors have not yet entered on a large scale
On May 14, according to the latest analysis from Matrixport, the recent price of Bitcoin is approaching historical highs, but overall trading volume remains sluggish, especially in the South Korean market where retail activity is relatively high, and current trading volume is still at a relatively low level.
This phenomenon indicates that the recent rise in Bitcoin may primarily be driven by institutional and corporate buyers, while retail investors have not yet entered on a large scale.
From market data, although the price of Bitcoin is nearing historical highs, overall trading activity has not increased correspondingly. Especially in the South Korean market where retail trading is active, trading volume is still at a low level, further confirming the dominant position of institutional funds in this round of price increase.
Historically, retail funds tend to concentrate on entering the market in the later stages of a trend, becoming the final push before a local top. For example, in the trends of February and November 2022, the concentrated entry of retail investors drove the final surge in Bitcoin prices.
Analysts believe that if history repeats itself, before the next peak approaches, the Bitcoin market may welcome a concentrated entry of retail investors. This pattern indicates that the current market rise may still be in the early stages, and the potential participation of retail investors will be one of the key factors in the future development of the market.
In summary, the current rebound in the Bitcoin market seems to be primarily driven by institutional investors. If this trend is similar to historical cycles, then the waiting for retail investors to enter on a large scale may signal that the market is about to reach a phase top. Investors should be vigilant about changes in market sentiment, make rational judgments, and invest cautiously.
What are your thoughts on the current market trend? Based on other market indicators you have observed, which stage do you think the current Bitcoin market is in? Will the entry of retail investors become a turning point for this round of market trends?
#机构主导 #比特币市场观察 #散户交易活跃度