According to Francisco Rodrigues, Bitcoin (BTC) is trading near $106,000, buoyed by reduced geopolitical risks after President Trump delayed a decision on U.S. entry into the Israel-Iran conflict, as per Polymarket odds shifting from 70% to 40% for immediate action. However, CryptoQuant analysts warn that BTC could drop to $92,000 if demand fails to rebound, citing a 60% decline in ETF flows since April and halved whale buying activity. Glassnode notes subdued on-chain activity reflecting institutional dominance, while derivatives data from Velo shows $131.89 million in liquidations skewed toward shorts, with BTC dominance at 65%.

According to Crypto Daybook Americas, Bitcoin (BTC) is holding steady around $106,000, up 0.9% in the past 24 hours, following President Trump’s announcement of a potential two-week delay in U.S. involvement in the Israel-Iran conflict, reducing immediate geopolitical risks (source: Crypto Daybook Americas). This has buoyed risk assets, including cryptocurrencies, with the CoinDesk 20 index rising 0.77% (source: Crypto Daybook Americas). However, traders should remain cautious as CryptoQuant warns of a potential drop to $92,000 if demand fails to recover, citing a 60% decline in ETF flows since April and reduced whale buying (source: CryptoQuant report). Glassnode also notes subdued on-chain activity, possibly indicating a shift to institutional dominance with infrequent large transactions (source: Glassnode). For trading strategies, Bitcoin’s technical analysis suggests bullish momentum if it closes above the monthly open, targeting $109,000, but faces resistance at the 20-day EMA (source: Crypto Daybook Americas). Keep an eye on upcoming macro data and token events like Optimism (OP) unlocks for potential market impacts.

According to @CryptoQuant, recent technical indicators show that Bitcoin's price action is following a consistent uptrend pattern, suggesting programmed performance in its recent movements. The presence of repetitive breakout setups and bullish chart formations has been identified, indicating strong momentum for BTC in the short term. Traders are advised to monitor these key setups closely, as historical data from CryptoQuant highlights that similar patterns have led to significant price rallies in the past. This information is critical for both short-term and swing traders aiming to capitalize on Bitcoin's ongoing upward momentum. Source: @CryptoQuant, Twitter.

According to @AltcoinGordon, the question of whether X is 'cooked' remains relevant as X continues to show weak momentum in the crypto market. Recent trading data from CoinMarketCap and CryptoQuant confirm that X has failed to break key resistance levels and experienced decreased trading volume over the past week (source: CoinMarketCap, CryptoQuant, May 23, 2025). For traders, these bearish signals indicate that X remains under selling pressure, and a clear reversal pattern or strong catalyst would be needed for a bullish outlook. Monitoring on-chain data and significant news events is advised to identify potential entry or exit opportunities.

According to Ki Young Ju, CEO of CryptoQuant, the recent declaration of a Bitcoin bear market is based on comprehensive market data analysis. In an interview, he emphasized the significant decline in inflow to exchanges, which often precedes a downturn in Bitcoin prices. This trend is critical for traders to consider when strategizing their market positions. Ki Young Ju further highlighted the importance of monitoring on-chain data to anticipate market movements effectively (source: youtube.com/watch?v=sE1alM…).

According to CryptoQuant, a significant influx of institutional investments has led to a notable surge in Bitcoin prices. The report highlights that the recent increase in Bitcoin's value is primarily driven by large-scale purchases by institutional investors, suggesting a bullish trend in the cryptocurrency market. Data indicates that BTC's current price surge could be sustained if institutional interest continues. This trend presents potential trading opportunities for investors looking to capitalize on the upward momentum. CryptoQuant's analysis provides valuable insights into the market dynamics, emphasizing the role of institutional players in Bitcoin's price movements.