BlockBeats News: On May 6th, 10x Research released a report stating that Bitcoin has risen 25% in the past month, driven by continuous inflows of ETF funds and institutional spot buying.
But some emerging signals, such as the decline in Coinbase premiums and weak funding rates, indicate that this upward momentum may be weakening.
Although Bitcoin still has some upside potential in terms of option skewness, macro pressures are accumulating: the Federal Reserve remains neutral (with an upcoming meeting), volatility is slowly recovering, and tariff related uncertainties still exist.
At present, there are potential signs of consolidation in the market around $95000, and traders are waiting for new catalytic factors.
The current moment is not the time to blindly take risks, but to adopt a tactical layout and set clear risk exposures.
