A recent survey Kratos sought to gauge the sentiments of domestic investors on the cryptocurrency market. The survey was conducted from March 28 to March 30 and sampled 2,000 respondents with a reliability rate of 95% and a sampling error of ±3.0%.
The survey revealed that 49.6% of respondents predicted a rise or surge in Bitcoin's price for the current week. This represented a slight decline from the previous week's 53% prediction. Meanwhile, 14.8% of respondents anticipated a decline or sharp decline, which was similar to the previous week.
In terms of market sentiment, 52.8% of respondents felt neutral, while 33.8% felt optimistic or extremely optimistic. This was comparable to the previous week's survey results.
When asked which cryptocurrency they would sell in the next week, excluding Bitcoin, Ethereum, Ripple, and Doge, 2.3% of respondents selected Tron. This was followed by Polygon, Solana, Cardano, and Milk. On the other hand, the cryptocurrencies to be bought were ranked in the order of Tron, Polygon, Klaytn, Milk, and Aha Token.
Finally, when asked about the future impact of the US regulator's investigation into Binance, 41.2% of respondents predicted that it would lead to a price drop.
The survey highlights the perspectives of domestic investors on the cryptocurrency market, providing insights into their sentiment, predictions, and future outlook.