Greeks.live: Bitcoin drops short-term but sentiment remains cautiously bullish

TechFlow news, May 13: Greeks.live's latest report analyzes that Bitcoin has recently seen a significant decline, with the market experiencing a dispersed sell-off described as "complete liquidation," yet overall sentiment remains cautiously bullish. Traders generally expect prices to rebound and challenge new all-time highs again. Ahead of the Federal Open Market Committee speech, many traders are reducing leverage and adopting more balanced or neutral delta positions. Market participants widely view the current pullback as temporary, anticipating a fresh upward move today to "clean out late short sellers." If equities retreat while cryptocurrencies continue rising, a decoupling from traditional markets could occur.