It regains the price of bitcoin, but the feeling of futures weakens

Bitcoin witnessed fluctuating price fluctuations in the second part of the second quarter of 2025 because it fought to recover its record of more than 109,000 dollars. The start of the Q2 was very painful, as it slides shortly to the minimum of the new annual at about 74,500 dollars.

Although there is a slight recovery this week, the feelings between the two future traders appear to have grown increasingly.

Futures morale declines

According to the hadith analysis From Cryptoquant, the impressive Bitcoin gathering from November 2024 to February 2025 was not met by a continuous rise in the morale of the futures market.

This indicator reached its climax for a moment during this gathering, but then it decreased, indicating the increasing caution and a possible profit despite the upscale procedures for prices. From February 2025, the feelings continued to deteriorate and diverged from the price levels that remained relatively high in the range of $ 80,000 to 80 thousand dollars.

This trend indicates an increase in fear or enthusiasm in the derivative market, which may be affected by total economic certainty, organizational developments, or market correction expectations. Technical notes also reveal that the feelings index currently hover near 0.4, and approaches the main support level about 0.2, while the resistance faces near 0.8.

These sites highlighted the decline in the feelings of futures, according to the analytical encryption platform. Weak morale, even amid strong price levels, may indicate a potential accumulation or unification stage. Cryptoquant said that unless the new stimuli are confidence, low spirits may lead to negative pressure or stagnation in the price of bitcoin.

Careful optimism?

Share reflection research in a similar case Expectations And note that the Crypto Fear & Greed index remained in 35 years this week, which indicates a cautious landing. While the feelings have settled since last week, relieving extreme fear, investors are still cautious due to concerns about macroeconomic economics and the disturbance of the last market.

However, the modest height of the indicator indicates that panic fades, which may pave the way for a more balanced mood in the market if it is positive news surfaces.

Meanwhile, the data also indicated that the recent Bitcoin’s recovery is driven by improving the basics and alleviating the concerns of the global tariff. The scales on the chain supports the bullish trend, including the achieved high network/loss (NRPL) and a decrease in the supply, indicating a decrease in sales pressure in the short term.