Bitcoin Price Recovers to Above $85,000 Amid Market Stability

Bitcoin has rebounded from a low of $74,000 to over $85,000, following a 10% increase in the past week. This recovery coincides with President Trump's announcement of a 90-day tariff pause for most countries except China, alleviating market concerns.

Market Insights on Bitcoin Whales

  • Large holders on Binance exhibit cautious behavior amid market uncertainty.
  • The Exchange Whale Ratio (EWR) indicates increasing concentration of inflows from large holders, reflecting their influence over long-term trends.
  • A decline in the 30-day moving average suggests reduced short-term trading activity among whales, indicating they are neither selling aggressively nor panicking.
  • Whale to Exchange Flow has dropped by over $3 billion, aligning with previous corrections in 2024.

These signals suggest whales prefer to maintain their positions, indicating confidence in long-term prospects despite current market conditions.

Continued Buying Strength

  • The market buy ratio on Binance remains strong, recently surpassing previous highs.
  • This trend indicates persistent demand, even amid market volatility influenced by macroeconomic factors.
  • A sustained increase in the buy ratio historically precedes medium-term rallies.

Confirmation of a new trend will depend on price action and volume metrics.