Bitcoin is back in the spotlight with a strong price rebound. But this time, the momentum looks different—and healthier. According to CryptoQuant analysts, the recent Bitcoin price surge isn’t fueled by speculative hype but rather steady demand, signaling a more sustainable bull run.
Bitcoin Rises Without Overheating the Market
Analyst avocado_onchain from CryptoQuant highlighted a major shift. Unlike past cycles, Bitcoin’s current rally lacks sudden spikes in funding rates or wild trading volume on platforms like Binance. This is a positive sign.
In previous bull runs, rapid price jumps were often followed by sharp corrections due to market overheating. These came from excessive leverage and short-term speculation. Now, however, the trend is calmer and more measured.
Stable Metrics Reflect Grounded Sentiment
Data shows a consistent drop in buy volume on Binance even as Bitcoin climbs. Funding rates remain neutral, meaning investors aren’t piling in with high-risk leverage. This slower, more deliberate pace reflects genuine investor confidence rather than fear of missing out (FOMO).
Since 2023, Bitcoin’s on-chain buy volume has steadily increased. This suggests a growing but cautious interest—key for long-term sustainability.
At the time of writing, Bitcoin trades at $105,288, showing a 2% daily rebound. Analysts are watching for a “golden cross”—a bullish signal where the 50-day moving average crosses above the 200-day average. If it happens, it could confirm the start of a longer rally.
Whale Activity Hints at Long-Term Accumulation
Further supporting this bullish outlook, data from Lookonchain reveals large Bitcoin holders—or whales—are quietly accumulating. In the last 24 hours:
- A wallet withdrew 1,350 BTC (worth $141M) from Binance.
- Another took 675 BTC off Kraken.
- A newly created wallet removed 500 BTC from Binance.
These moves suggest whales are moving their assets off exchanges to hold for the long term. Typically, this signals optimism and reduces sell-side pressure.
Institutions Join the Accumulation Trend
Institutional interest is also picking up. Michael Saylor’s firm, Strategy, has now acquired over 576,000 BTC, adding $764 million in recent purchases. Meanwhile, Japan’s Metaplanet just made its second-largest Bitcoin buy ever—1,004 BTC worth $104.6 million.
These significant acquisitions create scarcity, reducing available supply and supporting upward price pressure.
A Bull Run Built to Last?
Unlike past rallies marked by volatility, the current Bitcoin price surge appears grounded. Steady inflows, whale accumulation, and institutional buying all point to a market that’s maturing.
While a new all-time high isn’t guaranteed, the signals suggest that Bitcoin’s rise has room to continue—without the chaos that typically ends previous bull cycles.
