Розничные инвесторы активизируются на фоне роста биткоина до исторического максимума Translation: Retail Investors Activate Amid Bitcoin Surge to Historic High

Retail investors have reentered the market following the rise of the leading cryptocurrency to a new all-time high. This was reported by CryptoQuant analyst known as Darkfost.

According to his findings, the influx of bitcoins onto the Binance exchange from accounts holding less than 1 BTC has surged dramatically. The monthly average for this metric has reached a record high over the past several months.

The expert pointed out that, despite the relatively small volume of funds transferred by retail investors, the trend indicates a short-term shift in their behavior.

The actions of these smaller players stand in stark contrast to those of institutional investors and crypto treasury companies. Major market participants continue to expand their positions, while retail traders react more emotionally to bullish momentum.

Currently, nearly all bitcoin issuance (99.4%) is profitable. CryptoQuant expert Axel Adler Jr. stated that this supports bullish sentiments in the market.

The analyst also reminded about price targets based on the realized price of short-term holders. This metric indicates a potential increase up to $133,000.

Investor sentiments are bolstered by the influx of stablecoins into centralized exchanges. According to Axel Jr., the average daily inflow of USDT and USDC on the Ethereum network stands at $127 billion.

The 365-day moving average of this metric has risen from $69 billion to $105 billion and continues to increase, indicating growing buying pressure.

At the time of writing, the fear and greed index sits at a level of 70.

On-chain metrics and derivatives data suggest structural changes in the bitcoin market. Analysts at Novaque Research believe that the current rally has a more solid foundation than previous ones.

After months of consistent outflows, miner reserves have stabilized. Experts have noted the first signs of asset accumulation. This has eased selling pressure that had long been inhibiting price growth.

The ratio of purchases to sales has risen above 1, indicating a predominance of aggressive buyers in both spot and futures markets. This metric reflects a shift in sentiment: traders are willing to buy the asset at market prices rather than waiting for a dip.

Open interest in options on the CME has increased, particularly in short- and medium-term contracts expiring in two to four months. Analysts have linked this to the strengthening positions of institutional investors. The rise in this metric alongside price increases indicates the influx of new capital rather than a hedging of risks.

At Novaque Research, they believe that the combination of these factors could lead to a rally that could liquidate short positions totaling around $16 billion.

It’s worth noting that experts have identified several key indicators signaling a potential “major movement” of bitcoin.

Later, CryptoQuant analysts stated that if the current pace of demand growth continues, the leading cryptocurrency could reach between $160,000 and $200,000 by the end of the year.