According to Crypto Rover, Bitcoin is currently surging to new all-time highs (ATHs), while retail investors have not started entering the market in significant numbers yet (source: Crypto Rover, Twitter, May 10, 2025). This suggests that the current rally is primarily driven by institutional and large-scale traders, often considered more sophisticated market participants. Historically, a lag in retail investor participation during such rallies has been followed by further upward momentum once retail interest increases, which could signal additional bullish potential for Bitcoin and related cryptocurrencies in the near term. Traders should monitor on-chain data for signs of rising retail activity, as this could mark a new phase of price discovery and volatility.