Traders turn to prediction markets for signals: The current market situation after Bitcoin's decline in December

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【CryptoWorld】Recently, Bitcoin has fallen 5.5% in December, and the market has become somewhat blurry. Many traders are starting to look to prediction markets for guidance. Even though platforms like Polymarket and Kalshi are undergoing regulatory scrutiny in states like Michigan and Illinois, data from these two platforms show that most market participants are betting on consolidation rather than big surges or drops. This is quite interesting — it indicates that the current sentiment is still quite conservative. Even more interestingly, a leading trading platform has integrated Kalshi into its retail app, which means that probability-based trading signals could be transmitted to retail investors more quickly, making market sentiment shifts among retail investors easier to amplify.

BTC-0,37%
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