Recent recovery in the crypto money market Bitcoin (BTC) indicates a upward acceleration in the price. According to Matrixport’s April 23 assessment, the risk appetite of investors increased, while the uncertainties on the market decreased, Bitcoin’s likelihood of exceeding $ 95,000 is strengthened.
Fear decreases while the market warms
Recently recovery in Bitcoin Crypto Money Market It supports the optimistic estimates mentioned earlier. In particular, the increase in open positions in the derivative markets shows that investors are getting more risks. This increases the likelihood of testing higher levels in the future.
Bitcoin has not yet crossed 95,000 psychological thresholds. However, the US President of the investors Donald Trump‘s explanations of customs tariffs, such as external risk factors have been reduced. According to MatrixPort analysts, this may facilitate Bitcoin to break the resistances to him.
The general tendency gives the signals of a upward movement. The recent zigzag but rise -weighted price graph shows that buyers are dominant in the market. Especially the re -positioning of long -term investors support the sustainability of this rise.
Ethereum and solana are also recovering
Not just Bitcoin, but the biggest Altcoin Ethereum (ETH) and Solana (Left), such as other major Altcoins have also received its share of this rise. Although Ethereum has achieved its powerful performance since the beginning of the year, it weakens a little bit in recent weeks, but it still has an important investor interest. On the Solana side, the transaction volume is increased again.
Bitcoin made a strong upward leap from the end of March. While Ethereum’s performance seems more wavy, solana continues its horizontal course in a certain range. But the general trend Altcoin marketalso reveals that purchasing movements are increasing.
The current rise acceleration in the market is also supported by the increase in speculative transaction volumes. Open positions on the futures platforms have proliferated significantly. This shows that investors take positions with high earnings in the short term.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.