Retail investors show no enthusiasm as Crypto Summit failed to spark rally

The highly anticipated summit in the White House crypto failed as a retail investor, tired of events related to Trump, apparently expected a market rally that did not occur.

The Summit of the White House crypto and the American Bitcoin Strategic Reserve do not seem to have managed to meet the high expectations of retail investors, leaving them frustrated as a President Donald Trump-The linked activities have not triggered any market rally, according to analysts.

In an article on March 10 on X, matrixport analysts said Retail investors do not express much interest, the financing rates of perpetual term contracts remain low in a single figure. The current feeling demonstrates the “start-up contrast” compared to the high rates observed in April and December 2024, they added.

“Even the momentum surrounding the inauguration of Trump was a relatively miselane clear signal – that the next Bitcoin leg will require a larger catalyst.”

Markus Thielen, independent analyst

Bybit analysis report Done with Block Scholes also noted that if the cash prices of certain cryptocurrencies increased after Trump’s announcement of a cryptographic strategic reserve, the financing rates have remained stable and did not reach extreme levels, clearly indicating that the market “needs a stronger boost than the Cryptographic Strategic Reserve”.

As Crypto.news pointed out earlier, there was a risk that Bitcoin (BTC) and other cryptocurrencies could drop after the summit, because the event could follow the common strategy “buy the rumor, sell the news”. In this approach, speculators generally buy an asset leading to a large event, then sell once it happens.

A good example of this was the American presidential victory of Donald Trump in 2024, when the cryptocurrencies increased, but then lost these gains after its inauguration in January. Likewise, Ethereum (Ethn) The price increased before the so -called stock market approvals in September of last year, to drop later.