Bitcoin Sees Correction, But Traders Remain Optimistic

Despite a 5.5% drop in Bitcoin (BTC) price between May 27th and May 30th, reaching a brief dip below $104,000, market data reveals that professional traders remain bullish, displaying stable investment sentiment reflected through BTC derivatives metrics. This follows the recent all-time high of $111,970 on May 22nd, which was impacted by macroeconomic uncertainty and escalating US trade tensions.