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2026-05-03 20:30:01

Bitcoin may face downward pressure after April's rally

According to CryptoQuant, the current market situation resembles the start of the decline in 2022:
Demand for futures contracts is rising, but actual buying (spot) is weak.
April's rally (+20%) was not supported by strong accumulation, but mostly by leveraged traders (Futures), and historically, this has been followed by a continuous decline.
To put it more clearly: the

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