After a period of caution driven by macroeconomic uncertainty, the recent Bitcoin price action rekindled interest through the market, aroused a renewed debate on the place where the next decision could conduct.
A new activity of retail players and major BTC holders suggest that the market can approach a turning point.
Retail trade fomo meets the accumulation of whales
After the brief increase in bitcoin above $ 94,200 Wednesday, Santiment's data has shown a wave of FOMO retail merchants entering the market. This contrasts strongly with the last weeks, when the retail trade has been widely released in the middle of macroeconomic uncertainty.
As such, renewed enthusiasm marks a notable change in feeling. Although such a crowd behavior often precedes prices, an evolution towards $ 100,000 now seems more and more likely, according to the update of the crypto analytical platform.
While the retail trade Fomo has entered the table, the Rally foundation seems even stronger, thanks to important measures by adult holders.
In a distinct analysis, Santiment noted that the overvoltage of 11% of the Bitcoin value from April 21 to 25 also coincided with continuous accumulation by whales and key sharks. Portfolios holding between 10 and 10,000 BTCs added 19,255 BTC during the period. Such aggressive purchasing behavior has always been a precursor to notable market rallies and indicates that a constructive recovery is underway for Bitcoin.
The Bitcoin value jumped + 11.2%, which once again coincided with whales and key sharks by adding to their already huge bags. Waller holding 10 to 10k $ BTC Added 19,255 additional pieces in this short section and continue to be one of the most powerful indicators in crypto. pic.twitter.com/b3tivd71id
– Santiment (@santimentfeed) April 25, 2025
Will the rally maintain?
The recent increase in Bitcoin exceeded $ 90,000 increased the feeling of the market to its highest level in more than two months, culminating on April 23 with an index score of fear and the greed of 72, pointing out “greed”. THE score Since then, fell to 60, which has aroused concerns about the sustainability of the rally.
Despite this, Bitcoin remains the dominant force on the market, the domination of Bitcoin being 64.29% and the Altcoins are far behind. The Altcoin season hint It remains at a lower 18, which has yet confirmed Bitcoin's advance in favor of the market.
Meanwhile, crypto analyst Michaël Van de Poppe said This continuous purchase pressure could propel Bitcoin to a new summit of all time.
Free binance $ 600 (EXCLUSIVE Cryptopotato): Use this link to record a new account and receive an exclusive welcome offer of $ 600 on Binance (all details).
Limited offer for cryptopotate players at Bybit: Use this link to record and open a free $ 500 position on any part!
