Despite Bitcoin (BTC) reaching a 10-week high, investor sentiment remains lukewarm, according to a recent Cointelegraph analysis. The BTC annual 2-month futures premium, a key indicator of market sentiment, is lingering in the neutral zone (6-7%), significantly lower than the bullish levels seen in January (above 10%). This hesitancy appears to stem from concerns about a potential economic recession fueled by global trade tensions. The correlation between BTC and traditional stock markets is also contributing to the cautious outlook, undermining Bitcoin's "digital gold" narrative. Furthermore, derivative investors are holding back on leverage, suggesting a lack of conviction in a sustained upward trend. The wait-and-see approach indicates that investors are seeking more concrete signals before committing to a strong bullish position in the Bitcoin market. ```

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