Bitcoin $106,616.75 price it is moving towards its historical summits again. The amount of open position exceeding $ 340 billion shows that the purchase appetite in the market is strong. According to Matrixport, the decisive element in this last rise in the largest crypto currency is not leverage processes, but spot purchases. There is an ascension trend in which spot purchases come to the fore.
Why is Bitcoin rising?
Crypto Money MarketThere is a remarkable structural change. According to MatrixPort’s analysis of May 21, the main reason for the rise in the price of Bitcoin is not futures, but direct spot purchases. Although open positions reach a record level, funding rates are almost close to zero. This reveals that the market is in a strong trend of rise, but that the rise is fed by more realistic investment demands, not speculative leverage.
Especially Funding RatesThe lowness of the fact that investors make cautious purchases instead of high -risk positions. This prevents sudden and hard corrections. Investors are largely realized by the Spot side. In short Bitcoin It is rising, but this time there are long -term investors on the stage.
Leverage is decreasing, investor structure is changing
Funding RatesThe lowness of the leverage in the market shows that the ratios are quite limited. This is interpreted as an important signal for the sustainable rise of Bitcoin price. Because excessive purchases with leverage can often cause sudden decreases. However, now investors stay away from the leverage, which shows that the market is moving healthier.
Short -term speculators are now replaced by corporate and individual investors with long -term investment strategy. This reduces the volatility in the market. According to Matrixport’s analysis, the low volatility means that large price jumps or collapses are not expected in the short term. You are the Bitcoin marketThis transformation can be seen in a permanent structure with the increase in institutional confidence.
Bitcoin’s future price movements will be shaped by the preferences of this new investor profile. Instead of the price of futures, the price will be shaped by more patient and strategic investments.
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.
