Odaily News K33 Research said Bitcoin remains in a state of low volatility, down slightly by 2% this week. The overall market performance is sluggish as risk-averse traders cut returns, volatility and trading volume to multi-month lows, but rarely lasts for long. Vetle Lunde, head of research at K33, pointed out that although the Trump administration, which supports cryptocurrencies, is good for Bitcoin and the entire industry in the long run, short-term uncertainty has kept market activity subdued. The overall risk-averse sentiment suggests that traders are prepared for downside volatility, while the current moderate leverage level means the risk of a liquidation chain reaction is low. Traders should remain cautious until clear directional signals emerge. (TheBlock)