According to Trader Tardigrade on Twitter, Bitcoin's On-Balance Volume (OBV) indicator has confirmed a bullish continuation following a breakout from a triangle pattern. This technical development suggests that buying pressure remains strong, with uptrend momentum likely to sustain higher BTC prices in the near term. Traders may consider monitoring OBV and volume-based signals for confirmation of further upside, as these patterns typically precede significant price movements (source: @TATrader_Alan, May 3, 2025).

According to Cas Abbé, the current uptrend in Bitcoin ($BTC) is seen as a strong indicator of a potential future pivot by the Federal Reserve. He emphasizes that this environment presents the optimal period for traders to accumulate altcoins, as a FED policy shift has historically preceded significant rallies in alternative cryptocurrencies. Traders are advised to position themselves ahead of a possible altcoin market surge, referencing prior market cycles where similar macroeconomic signals led to substantial alt rallies (Source: Cas Abbé on Twitter, May 3, 2025).