🔥The price difference between the #Bitcoin futures contract and the current price has decreased sharply since the beginning of the year.
In early 2024 (March), this difference peaked at around 30%.
Currently (August), this difference has decreased to only around 5%.
This decline shows that people's views on Bitcoin have changed.
Few people expect Bitcoin's price to increase rapidly in the near future.
Investors are reconsidering the profits and risks of investing in Bitcoin.
Many people may be changing the way they invest in Bitcoin. For example, they may reduce their investment amount or find a safer investment."
This means that the market is becoming more cautious about Bitcoin. People are no longer as optimistic about Bitcoin's price increasing as before.
