“After the breakthrough of the psychological level of $ 100,000, bitcoin moved to the consolidation phase. Glassnode is associated with the activity of new market participants and the caution of experienced traders. $ BTC Suppply mapping shows Sustaned Strenguth in New Demand. First-Time Buyers Rsi Held at 100 All Week. But Momentum Buyers Remain Weak (RSI ~ 11), and Profit Takers Are rising. If Fresh Inflows Slow, Lack of […]”, – WRITE: Businessua.com.ua
After the breakthrough of the psychological level of $ 100,000, bitcoin moved to the consolidation phase. In Glassnode associated with the activity of new market participants and caution experienced traders.
$ BTC Suppply mapping shows Sustaned Strenguth in New Demand. First-Time Buyers Rsi Held at 100 All Week. But Momentum Buyers Remain Weak (RSI ~ 11), and Profit Takers Are rising. If Fresh Inflows Slow, Lack of Follow-Through Could Lead to Consolidation: https://t.co/vhqbu4hrpt pic.twitter.com/ghqynb296y
– Glassnode (@glassnode) May 12, 2025
“If new funds have slowed down, the lack of further action can lead to lateral movement,” analysts said.
The platform report provides an illustration with investors’ segmentation by behavioral models. The relative force index of the 30-day horizon for the so-called “pioneers”-the first buyers-is maintained at a maximum level of 100 all week, which indicates their high activity.
Instead, demand from impulsive traders remains weak – the corresponding indicator is at the mark 11.
Coindesk believes that such a dynamics can be explained by the effect of retail fomo – when the purchase decisions are made emotionally, not rationally.
For their part, Cryptoquant analysts capture the growth of realized capitalization, which indicates a stable upward trend: more and more investors, including players such as Strategy and BTC-ETF issuers, buy bitcoin at higher prices.
Source: Cryptoquant.
Is there potential for further growth? According to Bitcoin Magazine, there are no signs of overheating at the current levels. The MVRV Z-Score Index is 2.55-significantly lower than the historical maxima in the area of 7, which were observed during the peaks of previous bull cycles.
Source: Bitcoin Magazine.
Separate analysts recalled that the growth of global money is historically correlated with the fortification of “digital gold”. The latter data indicate further expansion of world liquidity.
Source: Bitcoin Magazine.
The activity of whales and great players According to Santiment, in the last 30 days addresses with a balance sheet of 10 to 10,000 BTC have increased their reserves by 83 105 BTC. Meanwhile, the number of bitcoins in small retail investors (less than 0.1 BTC) decreased by 387 BTC.
🐳🦈 Bitcoin’s Key Whale & Shark Tier (Holding 10-10k BTC) Have Now Accuumulated 83.105 More BTC in the Past 30 Days. Meanwhile, The Smalest Retail Holders (Holding
