Bitcoin’s Rally Nears $110K Amid Profit-Taking Warnings
Bitcoin’s surge past $110,000 is showing signs of overheating, according to on-chain analyst Willy Woo. While long-term fundamentals remain strong with significant buy-side liquidity, the market may be poised for a short-term correction as investors take profits. Woo highlights a shift in Bitcoin’s market dynamics, noting increased sensitivity to global macroeconomic factors. As of May 29, 2025, Bitcoin is trading at 107,818.18 USDT.
Bitcoin’s Rally Faces Profit-Taking Risk at $110K, Says Analyst Willy Woo
Bitcoin’s relentless ascent above $110,000 shows signs of overheating as on-chain analyst Willy WOO flags mounting speculative greed. While long-term fundamentals remain robust with dominant buy-side liquidity, the market appears primed for a short-term correction as investors lock in profits.
Woo observes a critical shift in Bitcoin’s market dynamics: the cryptocurrency now reacts more acutely to global macroeconomic forces than its historical four-year halving cycles. "BTC is becoming the canary in the coal mine for global macro moves," he noted, suggesting traditional crypto market analysis requires recalibration.
The analyst’s charts reveal declining risk signals—typically a bullish indicator for extended rallies—but warn of turbulence ahead. This dual narrative of strong structural support paired with near-term volatility captures Bitcoin’s maturation as an asset class.
Bitcoin Inflows Surge: Mid-Tier Investors Now Driving Binance Activity
Bitcoin inflows to Binance have accelerated sharply, with mid-tier investors—those holding between 10 and 1,000 BTC—leading the charge. These so-called ’Fish’ and ’Sharks’ are actively moving coins to the exchange, signaling a shift toward trading and profit-taking. Long-term holders with BTC aged over 155 days are also contributing to the trend, suggesting a strategic unwind of positions amid rising prices.
Whale activity remains subdued, creating a rare period of market stability as liquidity concentrates on Binance. The exchange has emerged as the epicenter of Bitcoin’s price action, with mid-sized investors leveraging its infrastructure for short-term gains. This cohort’s behavior contrasts sharply with the passive holding strategies of larger entities.
The trend began in late April 2025 and gained momentum through May, mirroring Bitcoin’s upward price trajectory. Unlike previous cycles dominated by institutional players, the current market movement reflects retail and semi-professional participation—a dynamic that could foreshadow increased volatility as these traders chase momentum.
JD Vance Champions Bitcoin at 2025 Conference Amid Trump Administration’s Pro-Crypto Stance
Las Vegas witnessed a defining moment for cryptocurrency as Vice President JD Vance took center stage at bitcoin 2025, articulating the Trump administration’s unwavering support for digital assets. With 17% of American adults now Bitcoin users according to Pew Research, the event drew 35,000 attendees—including key Trump family members—who reinforced Bitcoin’s role in U.S. economic strategy against China.
Vance’s keynote struck a decisive tone: "Crypto finally has a champion in the WHITE House." The administration promises regulatory clarity and presidential backing for innovation, framing Bitcoin as both an economic weapon and a tool for individual sovereignty. Trump’s sons amplified this vision, showcasing tangible initiatives in mining and tokenization during their appearances.
Bitcoin’s $95K-$105K Range in Focus as $10B BTC Options Expiry Looms
Bitcoin faces a pivotal moment as $10 billion worth of BTC options approach expiration on Deribit this Friday. The $95,000 to $105,000 range has emerged as a critical zone, with 93,131 contracts set to settle—53% calls and 47% puts. Market makers and traders are bracing for potential gamma-driven volatility, as large delta exposures cluster at the $95K, $100K, and $105K strikes.
"The $2.8 billion delta concentration in Deribit’s May 30 expiry could trigger aggressive dealer hedging," noted Volmex in a market analysis. Price movements NEAR expiry may amplify turbulence, with gamma sensitivity peaking as the deadline approaches. The options market’s positioning suggests a tug-of-war between bulls betting on upside and hedgers preparing for downside risks.
James Howells Unveils $75M Tokenization Plan to Recover Lost Bitcoin Fortune
James Howells, the British IT worker who infamously discarded a hard drive containing 8,000 BTC in 2013, is mounting a final effort to reclaim his digital fortune. At Bitcoin Conference 2025, Howells revealed a $75 million crowdsourcing initiative involving Bitcoin ordinals—by tokenizing 1,675 of the lost coins as blockchain-based assets.
Newport City Council continues to block landfill excavation attempts, citing environmental risks. With the dump site nearing permanent closure, Howells’ high-stakes token sale represents a race against bureaucratic and temporal constraints. The 8,000 BTC, now worth hundreds of millions, remain physically buried but digitally tantalizing.