Odaily Planet Daily News: Matrixport released today's chart saying that futures open interest has rebounded significantly since the April lows. As the craze for Meme Coin and Pump.fun gradually cooled down, Solana's market heat also fell; at the same time, Bitcoin's open interest continued to rise, indicating that the market's attention is refocusing on mainstream assets.
This round of rising prices may reflect the recovery of investors' risk appetite, especially after Trump recently softened his tariff stance, market sentiment has further improved. As an asset that has both risk and safe-haven properties, Bitcoin's positioning as "digital gold" is becoming increasingly prominent.
However, the current open positions have stabilized, which may confirm our previous judgment: some traders choose to cash in their profits and wait to re-enter the market at a more attractive price.