According to Crypto Rover, Bitcoin funding rates are currently at exceptionally low levels, indicating that the ongoing bull market is fundamentally healthy and not excessively driven by leverage. This situation reduces the risk of sudden liquidations and suggests that spot buying is dominating derivatives trading, a positive sign for long-term traders and institutional investors. Such healthy funding conditions could encourage sustained upward movement in Bitcoin and related altcoins, as noted by Crypto Rover on June 2, 2025 (source: @rovercrc Twitter).

According to Skew Δ on Twitter, Bitcoin ($BTC) is experiencing a bounce driven entirely by limit orders, indicating strong support levels in the current trading range (source: @52kskew, May 23, 2025). The analysis highlights that long positions are building up behind the price, suggesting traders are positioning for further upside. However, for a full recovery in Bitcoin price, sustained spot buying is necessary to confirm bullish momentum. This trading activity signals key levels for crypto traders to watch, as order book dynamics play a crucial role in short-term Bitcoin price movements.

According to Crypto Rover, Bitcoin is experiencing a significant price pump as observed on May 22, 2025, with increased trading volume and strong bullish momentum visible on major exchanges (source: @rovercrc on Twitter). This upward movement is supported by a surge in spot buying and liquidations of short positions, signaling potential for further gains in the short term. Traders are monitoring resistance levels near recent highs, with breakout potential depending on sustained volume (source: Binance order books, 2025-05-22). Crypto derivatives markets are also showing increased open interest, indicating heightened trader participation and volatility, which could impact altcoin prices and overall crypto market sentiment.

According to Cas Abbé, over the past month, 1.1 million ETH valued at $2.75 billion have been withdrawn from crypto exchanges, indicating a significant decrease in liquid supply (source: @cas_abbe on Twitter, May 18, 2025). Whale accumulation further highlights that the current ETH price increase is being driven by spot market demand rather than derivatives. For traders, this sharp reduction in exchange balances suggests increasing holder conviction and potential for reduced sell pressure, key factors that could support continued upward momentum in Ethereum price. These developments are critical for market participants monitoring supply-demand dynamics and planning ETH entry or exit points.

According to Miles Deutscher, the recent cryptocurrency rally has been primarily driven by spot buying rather than leverage, signaling robust organic demand in the market (source: Twitter, May 14, 2025). This trend suggests a healthier price foundation and reduces the risk of sharp liquidations that are common with leverage-driven moves. Traders should monitor spot exchange inflows and volume for sustained bullish momentum, as spot-driven rallies often indicate long-term investor confidence and can influence both Bitcoin and altcoin market structures.