- Aggressive buying returns as Bitcoin hovers near all-time highs, but whale behavior shows divergence.
- RSI signals overbought levels, while MACD momentum weakens — BTC needs to break $105K or risk pullback.
Bitcoin’s [BTC] momentum is building once again, as aggressive buyers flood the market.
The Taker Buy/Sell Ratio has surged to 1.02 – a level not seen since prior to several historic breakouts — showing growing conviction among market participants.
On-chain data shows large wallets ramping up accumulation, positioning ahead of what many speculate could be a final push toward new all-time highs.
With sentiment heating up and BTC hovering just below its previous peak, is the next leg of the rally about to begin?
A surge in market confidence?
According to a recent CryptoQuant report, the Taker Buy/Sell Ratio has broken decisively above the 1.00 mark, hitting 1.02 – a level historically linked to breakout moments in Bitcoin’s price action.
Source: Cryptoquant
Similar spikes were recorded near the $15K-$20K accumulation zone in late 2022 and just before the $30K breakout in October 2023.
With BTC now hovering near all-time highs, the return of aggressive buying shows growing conviction — but it also raises the stakes, as this threshold has previously preceded both rallies and sharp reversals.
Mega holders have paused
While overall accumulation trends remain bullish, a closer look reveals a subtle shift in behavior.
According to Glassnode, ultra-large whales holding over 10,000 BTC have cooled their buying activity, returning to a neutral accumulation score around 0.5.
In contrast, mid-sized cohorts — wallets holding between 1,000 and 10,000 BTC — remain active buyers, with scores near 0.9.
Source: Glassnode
Even smaller, institutional-sized wallets show continued strength. Retail, however, continues to distribute.
While bullish momentum persists, the rally is increasingly being driven by mid-tier whales rather than the deepest pockets.
Bitcoin shows signs of exhaustion
