Bitcoin Price Surges, But Can It Maintain Momentum?

By: cointurk|2025/05/06 19:15:01
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Over the past month, Bitcoin’s (BTC) price has climbed by 25%, driven by U.S.-based cryptocurrency ETFs and institutional purchases. However, a decline in the Coinbase premium and weakening funding rates suggest this upward momentum may be slowing. According to the latest assessment report by 10x Research, these indicators warn of a waning rally. Currently, the cryptocurrency market is stabilizing around the $95,000 mark, with investors eagerly anticipating the next upward catalyst. Coinbase Premium and Funding Rates Decline The reduction of the Coinbase premium signals waning purchasing appetite even on the publicly listed giant U.S. crypto exchange. Additionally, market funding rates have weakened, pointing to investors and traders becoming more cautious. 10x Research highlighted these signs as indications of a fading bullish momentum. Despite these signs, the skew in the options market still carries some upwards signals, indicating potential for growth. However, it remains crucial for investors and traders to construct a strategic action plan. Identifying risks clearly and taking tactical positions are essential steps moving forward. New Pressures on Bitcoin: Fed Rate Meeting and Tariff Uncertainty On the macroeconomic front, the Federal Reserve’s interest rate decision meeting on May 7th continues feeding uncertainty and sustaining it within the cryptocurrency market. The Fed maintains a moderate path, neither aggressively hawkish nor dovish. Concerns arising from Donald Trump’s tariff measures introduced in April also add to this uncertainty. Together, these factors contribute to a slight decrease in market volatility. For the crypto market , Bitcoin’s chart positions around the $95,000 level act as a pivotal point. Bitcoin is currently unable to surpass this level and is consolidating around it. Until a new bullish trigger emerges, investors are advised to exercise caution.

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WEEX P2P update: Country/region restrictions for ad posting

To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.

 

I. Overview

When publishing P2P ads, advertisers can now set the following:

Allow only counterparties from selected countries or regions to trade with your ads.

With this feature, you can:

Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.

 

II. Applicable scenarios

The following are some common scenarios:

Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.

 

III. How to get started

On the ad posting page, find "Trading requirements":

Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.

 

When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:

If you encounter this issue when placing an order as a regular user, try the following solutions.

Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.

 

IV. Benefits

Compared with ads without country/region restrictions, this feature provides the following improvements.

Aspect

Improvement

Trading security

Reduces abnormal orders and fraud risk

Conversion efficiency

Matches ads with more relevant users

Order completion rate

Reduces failures caused by incompatible payment methods

V. FAQ

Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.

 

Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.

 

Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.

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