Odaily Planet Daily News Coindesk analyst Aoyon Ashraf said that Bitcoin hit a record high this week, mainly led by institutions, and retail investors were almost "absent" from this round of rising market. A quick search on Google Trends with "Bitcoin" as the keyword shows that the search boom during the 2021 bull market is completely gone now. Although there was a brief wave of retail enthusiasm during the US presidential election, a rapid Meme coin craze briefly ignited market sentiment. But that wave of heat has long since subsided. Although Bitcoin broke through $111,000 to hit a record high this week, the price of Meme coins fell rapidly, and retail enthusiasm cooled. Although Bitcoin has hit a record high, traders remain cautious, as can be seen from lower funding rates and increased short positions. Current market sentiment shows a trend towards more sustainable trading behavior, which may pave the way for long-term gains. (CoinDesk)