Crypto financial services provider Matrixport announced in its market analysis dated May 21 that the Bitcoin (BTC) market is showing a historic trend again. Matrixport: Spot Demand Takes Precedence as Bitcoin Price Nears New High, Leverage Risk Limited According to the company’s assessment, while the Bitcoin price has recently approached record levels again, open positions in the futures market have also reached a historical peak of $34 billion. However, it is noteworthy that funding rates remain at almost zero. Spot Demand Is High, Leverage Is Limited According to Matrixport’s analysis, this trend shows that spot purchases are driving the market and this time the rise is more organic, not through leveraged transactions. The low funding rates indicate that there is no excessive speculative bubble in the market and therefore the risk of a correction accompanied by high volatility is reduced. The analysis also emphasized that the current market structure is progressing with relatively calm volatility. This reduces the possibility of investors encountering large price fluctuations in the short term. Matrixport’s assessment also points to a structural change in the Bitcoin market. According to the analysis, long-term investors are now leading the market instead of short-term speculators. This contributes to the formation of a more stable and sustainable market structure. This analysis highlights the role of institutional investors and spot market participants in Bitcoin’s recent uptrend, while also revealing that the risks of leverage-induced sudden declines remain low. *This is not investment advice. Continue Reading: Bitcoin Report from Crypto Firm Matrixport: 'Spot Demand Surges, Leverage Remains Limited!' Here Are the Details