According to glassnode, Bitcoin's recent all-time high (ATH) breakout has resulted in a significant increase in profits locked in, with the average Bitcoin holder realizing a 16% gain. Data shows that fewer than 8% of trading days have been more profitable for investors, marking a clear shift toward profit-taking activities. This transition could impact short-term Bitcoin price momentum, increase volatility, and influence liquidity across the broader cryptocurrency market as traders adjust their positions based on realized gains (source: glassnode, June 3, 2025).

According to Miles Deutscher on Twitter, ChatGPT o3 provided a detailed analysis on the probability of a Bitcoin (BTC) all-time high (ATH) breakout this week, highlighting key trading factors such as current BTC price action, recent trading volumes, and macroeconomic indicators. The AI emphasized the importance of resistance levels near the previous ATH, strong institutional inflows, and sustained demand from spot Bitcoin ETFs as critical signals for traders. The analysis also noted that macroeconomic developments, such as ongoing inflation data and Federal Reserve policy updates, are likely to influence short-term BTC volatility (source: Miles Deutscher, Twitter, May 21, 2025). This trading-focused insight is highly relevant for crypto investors monitoring breakout opportunities and managing risk in the current market environment.