ChainCatcher news, Presto Labs' latest report indicates that retail investors' enthusiasm for the bankruptcy plan approved by the FTX court may be premature. In the report, analysts question whether the $16 billion in cash to be paid to creditors as part of the plan will flow back into the cryptocurrency market.FTX is expected to have a total value of assets available for distribution between $14.7 billion and $16.5 billion. This amount includes assets controlled by various entities. Presto Labs stated, "It is premature to assume that creditors will directly inject this cash into the market. Making such a broad assumption requires at least some analysis of the composition of the creditors, and to our knowledge, no one has publicly done that yet."The research firm noted that repayments will begin within 60 days after the plan's "effective" date, but the specific date has not yet been determined. This timeline suggests that any potential market impact will not occur quickly.

ChainCatcher message, Santiment published data on social media stating that after a 22% increase in Bitcoin price over the past 3 weeks, bullish sentiment has quickly replaced bearish sentiment, with traders expecting the price to reach $70,000 soon.If investors are waiting to see Bitcoin hit a new all-time high, they may need to wait until people lower their expectations. Currently, the number of bullish views significantly outweighs bearish views. However, historically, the market always moves in the opposite direction of crowd expectations.