[Bitcoin is now] fluctuating around $106,260… Trading volume increases

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May 30, 2025, 3:00 PM

Bitcoin dropped by 1.36%, remaining in the mid-$100,000 range, while trading volume increased by 13.6%, showing signs of market vitality. As investment sentiment somewhat weakened and Bitcoin dominance declined, funds are dispersing into altcoins, though long-term holding tendencies remain prevalent.

📈 Price Now

Price $106,262.45 (–1.36%) Bitcoin is trading at $106,262, down 1.36% from the previous day. While maintaining key support levels, downward pressure persists after failing to break recent highs.

Trading Volume $58.32 Billion (+13.60%) Trading volume increased by 13.6% from the previous day, showing renewed market vitality. Buying sentiment slightly outweighs a wait-and-see approach.

Daily Fluctuation +0.43% Bitcoin is currently up +0.43%. Previously, it experienced declines for four consecutive trading days: +0.46% (26th), –0.5% (27th), –1% (28th), –2.01% (29th), and is now showing a slight rebound, temporarily moving out of the correction zone.

Asset Comparison S&P500↑·Gold↓ The S&P500 index rose +0.4%, while gold fell –0.76%. Among traditional assets, stocks rebounded, but gold and Bitcoin both showed weakness.

MACD –703.73 The daily MACD is –703.73, indicating strong short-term downward momentum. However, the weekly MACD (1502.85) maintains a positive trend, suggesting potential for medium-term growth.

❤️ Investor Sentiment Now

Dominance 63.0% (–0.51%) Bitcoin dominance dropped to 63.0%, down 0.51% from the previous day. The fund flow centered on Bitcoin has somewhat weakened, with some funds dispersing into altcoins.

Fear & Greed Index 61 (Greed) Lower than the previous day (65) and last week (76), indicating a somewhat weakened optimistic sentiment.

Google Trend Score 56 The Google Trend score decreased from 58 to 56. User interest and search volume have declined, maintaining a wait-and-see stance.

🧭 Market Now

SSR 17.76 The Stablecoin Supply Ratio (SSR) dropped from 18.13 to 17.76, indicating an increase in stablecoin circulation and suggesting potential market liquidity expansion.

NUPL 0.558 NUPL decreased from 0.568 to 0.558. While many holders are in profit, some may face pressure to realize gains.

Exchange Balance 2,437,200 BTC (–0.41%) The reduction in Bitcoin holdings on exchanges suggests investors are moving assets externally, which can be interpreted as strengthening holding strategies.

Exchange Net Inflow –9,651 BTC (+2.52%) A net outflow of 9,651 BTC in a day indicates a tendency towards long-term holding over selling.

Active Wallets 949,203 (–13.0%) Active wallet numbers decreased by approximately 139,244, showing a –12.79% reduction, suggesting a temporary contraction in user base activity.

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#BitcoinNow#BitcoinPrice#DeclineAdjustment#ExchangeOutflow#FearGreedIndex#SSRDecline

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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