K33: Bitcoin Up Nearly 50% From Lows, but Market Participation Stays Low
- —Bitcoin has recovered nearly 50% from its lows, K33 Research says
- —Market participation remains notably subdued, with few buyers and sellers
- —Seller exhaustion is cited as a key driver of current price action
- —Sustainability of the rebound is in question without broader participation
Why it matters: Without a pickup in participation, the rally could stall, leaving prices vulnerable to sharp moves on thin liquidity.
Source: Coinfomania
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