K33 Research: Bitcoin is in a state of low volatility, traders should remain cautious
K33 Research stated that Bitcoin is still in a low volatility state, with a slight decline of 2% this week. As risk-averse traders reduce yields, volatility, and trading volume to multi-month lows, the overall market performance is sluggish, but it is unlikely to last long.
Vetle Lunde, head of K33 Research, pointed out that although the Trump administration, which supports cryptocurrencies, is positive for Bitcoin and the entire industry in the long run, short-term uncertainty still keeps market activity subdued. The overall risk-averse sentiment indicates that traders are prepared for downward volatility, and the current moderate leverage levels imply a lower risk of liquidation chain reactions. Traders should remain cautious until clear directional signals emerge.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] GAIB (GAIB) will be listed in Bitget Innovation and AI Zone
New spot margin trading pair — ALLO/USDT, MET/USDT!
[Initial Listing] Bitget Will List Datagram (DGRAM) in the Innovation and DePIN Zone
Bitget Spot Margin Announcement on Suspension of L3/USDT, ULTI/USDT Margin Trading Services
