According to the weekly domestic investor market trend regular survey jointly conducted by Coinnis and Kratos, 38.6% of respondents (49.4% in the previous week) predicted that Bitcoin will rise or surge next week. 35.7% of respondents (27.3% in the previous week) expected a sideways movement, while 26.7% (23.5% in the previous week) anticipated a decline or sharp drop. When asked about market sentiment, the largest proportion of 37.2% answered "neutral". The proportion of those who responded with optimism or extreme optimism was 34.1%, while those who answered with fear or extreme fear was 28.7%. With the second debt repayment of $5 billion for the bankrupt cryptocurrency exchange FTX scheduled for May 30 (local time), the largest proportion of 41.7% predicted that the market would decline due to the "disappearance of upward momentum". 31.4% believed that "macroeconomic issues would be more important, so there would be little impact", while the remaining 26.9% expected market growth due to "liquidity injection effects".
[Survey] 41.7% of domestic investors "FTX 2nd bond repayment, market decline expected"
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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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