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coinpedia 2025-05-30 12:27:52

Bitcoin’s $106K Run About to Pause? On-Chain Experts Warn of Key Signals!

The post Bitcoin’s $106K Run About to Pause? On-Chain Experts Warn of Key Signals! appeared first on Coinpedia Fintech News Bitcoin’s price is hovering near $106,000 after an incredible run that pushed it to new all-time highs. However, according to on-chain analyst Willy Woo, we’re now at a crucial point that could decide whether Bitcoin’s rally will keep going strong or if we’re in for a pause. Let’s dig deeper into what this could mean for Bitcoin’s next move and why traders should stay alert. Buyers Still in Control – But for How Long? According to Willy Woo’s update, the good news is that the Risk Signal is trending downwards. This usually points to strong buy-side liquidity in the market, meaning that, overall, investors are still eager to buy and hold Bitcoin. Woo says this sets the stage for another solid, long-term run higher. In the short term my main concern are the late comer speculators taking long positions while an immense amount of potential profit taking is ready to dump (SOPR). This week's spot buying will strongly influence the next 1-2 months of price action. We are in a pivot zone. pic.twitter.com/JVJfxVXcKU — Willy Woo (@woonomic) May 28, 2025 However, Woo also sees early warning signs. He says that the strength of Bitcoin’s surge from $75,000 to $112,000 is starting to weaken. Without a new wave of buying, Bitcoin could be in for another period of sideways trading. Meanwhile, the Bitcoin risk Signal chart also shows local risk levels ticking up, signaling that some traders are taking on more risk, just as profit-takers might be ready to sell. $106k: “Healthy Pause” for Bitcoin Supporting Woo’s cautious view, Nick Forster, founder of the on-chain options platform Derive, describes Bitcoin’s current state as a “healthy pause” after its big run. He explains that the market needs time to digest recent gains and prepare for the next phase. Forster noted that this consolidation is a sign of stability, not a reason to panic. He further added that this consolidation is a sign of stability, not a reason for panic. Bitcoin ETF Outflows Impact Price Meanwhile, Bitcoin ETFs saw record inflows for two straight weeks. But on May 29, a large outflow of $346.9 million occurred, led by BlackRock with $166.3 million, followed by Ark Investment and Fidelity. This outflow caused Bitcoin’s spot price to dip, falling by 2.6% in the last 24 hours, currently trading at $105,390.

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