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▲ Optimistic, pessimistic, and wait-and-see opinions are split! Bitcoin investors lost direction and in chaos/AI-generated image
As domestic cryptocurrency investors' views diverge, the Bitcoin (BTC) market this week (April 13-17) has entered a phase of searching for direction amidst a mixed trend where bullish and bearish outlooks are evenly matched.
According to a regular weekly survey on domestic investor market trends conducted jointly by CoinNess and Cratos, 35% of respondents (up from 31% last week) predicted that Bitcoin would rise or surge this week. 33% of respondents (up from 29.8% last week) expected a sideways trend, while 39.2% (up from 32% last week) predicted a decline or sharp fall. Optimistic, sideways, and pessimistic outlooks were relatively evenly distributed.
When asked about market sentiment, the largest group, 38%, answered optimistic or extremely optimistic. 32.2% responded neutral, and the smallest group, 29.8%, responded fearful or extremely fearful.
Regarding the recent phenomenon where some altcoins surge several to dozens of times in a single day and then return to their original levels, the largest group of respondents, 31%, believed it was 'market maker (MM) price manipulation'. This was followed by 25.7% who thought it was 'insider manipulation by foundations, etc.', 18.6% who called it 'a common phenomenon in coins', 13.7% who said 'if it goes up, it's good, no matter the reason', and 11% who called it 'the prelude to alt season'.
The survey involved 2,000 respondents and was conducted from April 7-10. The margin of error is ±3.0%, with a confidence level of 95%. The survey institution is Pharos Labs.
*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*
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