PANews, May 27 news, according to QCP Asia analysis, last Friday's macro favorable factors failed to significantly boost Bitcoin, despite a strong rebound in US stocks. Institutional demand for spot ETFs continues to provide stable support for the market, with BTC maintaining a range of $107,000 to $110,000. As the Bitcoin conference in Las Vegas approaches from May 27 to 29, short-term implied volatility remains high, with the market focusing on speakers including JD Vance, Michael Saylor, Donald Trump Jr., and Eric Trump. Historically, similar events have triggered sharp fluctuations; currently, market positions are leaning towards defense, and short-term downward protection demand remains strong.
