According to experts, there is a unique tension in the crypto market. Evidence of this is the path bitcoin has taken during the first quarter, moving from a weak start to reaching highs not seen since February, climbing to 78,400 dollars. Now, the crypto market is beginning the second quarter in a stabilization phase. Following April’s technical rebound, institutional investor flows appear to have returned, leading to a tactical improvement rather than the start of a new bull cycle.

“In the middle of the month, bitcoin rose to 78,400 dollars last week, reaching its highest level since early February, driven by improved risk appetite following progress between the United States and Iran to reopen the Strait of Hormuz. In addition,…