Summary
- K33 Research analyzed that Bitcoin is experiencing a healthy rally without overheating in the derivatives market.
- Bitcoin's spot trading volume increased by 51% compared to the previous week, reaching $3.9 billion.
- The background of this rally includes a positive change in market confidence due to the 'Trump Trade'.
An analysis has emerged suggesting that Bitcoin (BTC) can maintain a stable upward trend.
According to CoinDue on the 13th (local time), K33 Research analyzed in a report that "the recent surge of Bitcoin surpassing $100,000 was a healthy rally, unlike previous ones."
K33 Research noted that the derivatives market was not overheated during this Bitcoin rally. The report explained, "Last week, when Bitcoin rose by more than 9%, spot trading volume surged by 51% compared to the previous week, reaching $3.9 billion, while the derivatives market was relatively not overheated."
Meanwhile, K33 Research pointed to the 'Trump Trade' as the driving force behind this Bitcoin rally. The report stated, "President Donald Trump's supportive statements and policy stance on virtual assets have positively impacted market confidence."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
