Dragonfly Partner: Retail investors have significantly exited the market, and institutions are forming the Bitcoin price bottom

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ME News Report, May 3 (UTC+8), Dragonfly partner Haseeb Qureshi said that retail investors have largely exited the current crypto market, and that institutions are becoming the market’s bottom and propping up Bitcoin prices. He noted that Bitcoin is increasingly seen as a mature asset with sustainable growth potential over the next 15 to 20 years, while altcoins need clear narratives to regain retail attention. He also said that the core of the crypto industry still lies in money and financial scenarios, and that sectors such as DeFi, stablecoins, exchanges, and RWA have strong user stickiness. With AI technology getting involved, intelligent agents may serve as intermediaries in trading in the future, thereby improving overall adoption, and users with a low risk appetite may become the main source of incremental growth. (Source: ChainCatcher)

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