Matrixport: Market sentiment remains rational, and it may be wise to lock in profits

Odaily News Matrixport released today's chart saying that Bitcoin continues to hit new historical highs, but market sentiment remains rational. We have observed that trading volume has not increased significantly and funding rate fluctuations have been relatively stable. In the absence of retail investors following up, whether Bitcoin's rise is sustainable remains to be seen. We have been firmly bullish since mid-April, and Bitcoin's performance has confirmed our judgment. However, if the current momentum is to continue, it may require a wider range of funds to participate in the market. At this stage, it may be wise to take appropriate profits. "