CryptoQuant analyst: Retail investor demand picked up in October

Odaily Planet Daily Report: According to a report by CryptoQuant analysts this Monday, retail demand has grown by about 13% in the past 30 days, highlighting a situation similar to the historical high in March. However, the current growth in retail demand is synchronized with the growth in institutional interest, as institutional investors have been steadily increasing their exposure to throughout the year, even as retail investors are returning to the market. Furthermore, analysts believe that the institution is still taking a cautious approach, noting that inflows of funds do not always lead to sustained price increases, as 's previous attempts to break through the $70,000 mark, accompanied by large inflows of ETF funds, have failed. Although the inflow of funds has boosted confidence in ETFs as a viable investment tool, 's historical price volatility suggests that further volatility may still occur. ()