Matrixport: This round of Bitcoin's rise may be led by institutions, and retail traders have not yet entered the market

BlockBeats News: On May 14th, Matrixport shared its market analysis today, stating that despite Bitcoin approaching a historic high, cryptocurrency trading volume remains sluggish. This may indicate that retail traders have not actively participated in the current upward trend, as evidenced by the cryptocurrency trading volume in South Korea, which has traditionally been dominated by retail investors. The price increase this time may be driven more by institutional investors and corporate buyers, while retail investors are still in a wait-and-see state. In history, retail investors often entered the market on a large scale in the later stages of the market cycle, forming the last wave of upward movement before the market reached a local high point, just like the market in February and November 2022. This pattern may be repeated again, and retail traders may enter the market before the next round of high points.