Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes

05/01/2025 10:00
Whales & ETFs fuel Bitcoin surge: $3.02B inflows spark $106K price breakout hopes

Bitcoin sees $3.2B ETF inflows and nears $95K, but whale caution is hinting at a possible short-term pullback.

Active Currencies 16994

Market Cap $3,071,956,690,791.10

Bitcoin Share 61.32%

24h Market Cap Change $-1.33

Bitcoin was consolidating just under the $95,000 mark at press time, with recent candles forming a tight range, suggesting indecision.

The RSI stood at 66.83 — hovering near overbought territory but not breaching it — indicating that bullish momentum is slowing without a confirmed reversal.

bitcoin

Source: TradingView

Meanwhile, OBV has flattened, pointing to waning buying pressure despite recent price gains. If BTC fails to breach the $95K-$96K resistance zone with volume, a short-term pullback could follow.

However, holding above $93K would keep bulls in control, with $100K remaining a psychological magnet if momentum reignites.

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Samyukhtha L KM is a journalist with a keen eye on the ever-changing digital asset landscape - and a soft spot for memecoins. With a Bachelors in Commerce and a Masters in Journalism and Mass Communication, she’s always curious about whether the next big thing in blockchain is hype or history in the making. When she’s not tracking the latest market moves, she’s reflecting on what blockchain adoption really means in a world still largely rooted in traditional finance.

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