Odaily News Matrixport released a chart today stating that since the April low, the futures open interest has significantly risen. As the hype around Meme coins and Pump.fun gradually cools down, the market enthusiasm for Solana has also receded; meanwhile, Bitcoin’s open positions continue to rise, indicating that market attention is refocusing on mainstream assets.
This round of rising market may reflect an improvement in investor risk appetite, especially after Trump’s recent softening of his tariff stance, which has further improved market sentiment. Bitcoin, as an asset that combines both risk and safe-haven attributes, is increasingly highlighting its positioning as “digital gold.”
However, the current open positions have stabilized, which may confirm our previous judgment: some traders choose to take profits and wait to re-enter at more attractive prices.
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Matrixport: The current open positions have stabilized, and some traders choose to take profits and wait to get on board again.
Odaily News Matrixport released a chart today stating that since the April low, the futures open interest has significantly risen. As the hype around Meme coins and Pump.fun gradually cools down, the market enthusiasm for Solana has also receded; meanwhile, Bitcoin’s open positions continue to rise, indicating that market attention is refocusing on mainstream assets. This round of rising market may reflect an improvement in investor risk appetite, especially after Trump’s recent softening of his tariff stance, which has further improved market sentiment. Bitcoin, as an asset that combines both risk and safe-haven attributes, is increasingly highlighting its positioning as “digital gold.” However, the current open positions have stabilized, which may confirm our previous judgment: some traders choose to take profits and wait to re-enter at more attractive prices.