BTC price seeks $155K ‘trigger’ — 5 Things to know in Bitcoin this week

BitcoinBTC() is on track to reach fresh highs after a macroweek that will test risk asset traders.

• BTC prices dropped to below $107,000 and then rebounded into the week-end close. Many are looking forward to new highs.

• This week, US inflation data and bond market woes coincide as the Federal Reserve does not show any signs of reducing interest rates.

• The taker ratio on exchanges is an important factor to consider when analyzing order books with a cooling activity.

• One whale, however, is having fun — and his successive longs and shorts are being increasingly watched in trading circles.

• Funding rates are not spiking despite current prices — a key silver lining for price upside sustainability. 

Bitcoin prices on radar following rebound

Bitcoin gained after the weekend’s weakness, and the closing weekly candle on the 25th of May saw BTC/USD rise above $110,000.

As the week begins, volatility continues. Old all-time records from January are a major area of concern.

Daan crypto Trades commented, saying that Bitcoin would need a convincing end to ensure future gains.

Data from Cointelegraph Markets Pro You can also find out more about the following: TradingView — around $200 below the January high.

“Not a great looking weekly candle for an all time high break. Generally you want to see strong continuation especially considering the ~$2B+ in ETF inflows that came in since breaching that previous high,” He said X to his followers latest posts.

Forecasting “interesting week,” Daan Crypto Trades referred to the continued popularity of US Bitcoin Exchange-Traded Funds (ETFs). last week took in $2.75 billion.

$BTC Here, a penant is developing.

The bounce back from the support level is good.

BTC did not fall because of the bears despite a $1B closing long position and a low liquidity volume.

BTC will have a good week next week, I believe.

I smell a fresh ATH. pic.twitter.com/4cQhrlINIb

— Cas Abbé (@cas_abbe) May 25, 2025

Price action is reversing up at just under $107,000.

“$BTC has completed the breakout. Now it’s about follow-through,” BitBull is a fellow trader. summarized. 

“Clean breakout from consolidation, retest underway. If this structure holds, the next target zone is $155K in sight — Momentum only needs a trigger.”

In a tough macroweek, bond yields and PCE meet

Federal Reserve Bank of New York “preferred” The inflation index highlights US macroeconomic data for the past week amid rising interest rates.

Personal Consumption Expenditures Index for April and initial unemployment claims are due May 29. 

The first GDP revision for Q1 will be followed by these. rising bond yields Are causing alarm. The threat by President Donald Trump last week to impose 50% tariffs on EU imports appeared to have worsened the situation.

“It’s like clockwork: President Trump delays 50% EU tariffs until July 9th. Then, the 10Y Note Yield instantly rises back above 4.55%,” The Kobeissi Letter is a trading resource written in English X thread Topics to consider 

“Trade deals are no longer containing the bond market.”

Kobeissi described rising interest rates as Trump’s “biggest problem,” The combination of high interest rates and trade deals can be deadly.

“The Fed refuses to cut rates and trade deals are driving yields higher,” This is a summary.

This week, the minutes from the Fed meeting in May, where officials decided to keep rates at their current level, will be published.

CME Group: Latest data FedWatch Tool The market is not expecting a cut in rates this year. This will happen after the Fed meeting scheduled for September.

Exchange flash “bearish” momentum signal

Analysts are predicting a bearish market as we begin the new week by looking at the exchange order books.

CryptoQuant’s onchain analytics platform announced that it would be covering the Taker Buy/Sell Ratio. “strong bearish” As both buyers and vendors wind down activities,

“Across centralized exchanges (CEXs), both taker buy and taker short volumes have dropped significantly,” Crazzyblockk contributed to one of their “Quicktake” blog posts. 

“This indicates a cooling in market order aggressiveness on both sides, often a precursor to reduced short-term momentum and increased uncertainty.”

Taker buy/sell is the takers’ ratio between buy and sell volumes during swaps. On May 25, this ratio fell below 1 for the very first time since April.

Crazzyblockk therefore concludes that buyers are “beginning to dominate.”

“Simultaneously, 7-day price volatility is spiking, a typical signal of market inflection zones,” Continued from the previous blog.

“Current data points to a turning point in market sentiment. With buyer exhaustion growing and volatility accelerating, the likelihood of a short-term correction increases. Price action may test support near the 105K level, if bearish pressure intensifies.”

Price declines are a macro-driven phenomenon. Cointelegraph reported On taker data, on the other hand, imply a new round of upside due to strong buy-side demand.

Wynn, Hyperliquid’s Wynn, heads for memecoins

Bitcoin remains a popular target among large traders taking on big speculative bets.

You can also read about the advantages of using Cointelegraph continues to reportJames Wynn from Hyperliquid, in particular, went short to long and back within days.

Just one “whale” Wynn is a trader who has gained a lot of attention. His moves also have a great deal of influence on public opinion.

Wynn entered into a long after exiting a position worth $125 Billion at a substantial loss. The position lasted only hours, before Wynn returned to his original short. another 40X leveraged longBTC/USD reverses higher at the exact same time.

Double time!

— James Wynn 🐳 (@JamesWynnReal) May 26, 2025

“To all the fans and haters: We had a good run gambling on perps,” Wynn posted a message in a subsequent X posting announcing that he made a $25 million profit on the latest trading exits.

Fans and Haters alike:

I had an excellent run of luck gambling on criminals

Profits grew to $87,000,000 from $3-4m.

The casino has now decided that I will leave with a profit of $25,000,000

I’ve had a lot of fun but it’s now time to go home a winner

Wynn 1-0 Haters… pic.twitter.com/vuUiET2CQZ

— James Wynn 🐳 (@JamesWynnReal) May 26, 2025

Lookonchain, a platform for analytics and monitoring his activities revealed There are other crypto-bets including a position to buy the popular memecoin Pepe.PEPE).

Short-squeezed bets are boosted by a rise in funding rates

Bitcoin’s recent breakout has some investors confident about the price discovery process.

Related: Bitcoin holds key support as HYPE, XMR, AAVE, WLD lead altcoin rally

Funding rates across derivatives platforms remain fairly neutral, they note — a similar picture The run-up towards the previous highs, seen at the end of 2024.

CryptoQuant’s data shows that the Bitcoin cross-exchange funding rate was 0.006 on May 25, 2018.

“Sentiment is calm. No overleveraged longs piling in,” Jelle is a popular Jelle trader responded To the numbers 

“This is one of the healthiest Bitcoin breakouts in a long time – looks ripe to move a lot higher.”

Quinten Francois, Crypto Commentator described Funding rates are a reflection of the. “perfect setup to rip higher.”

Crypto Eagles is a well-known trader who said, “The combination of low financing and growing open interest will increase the likelihood of a sudden short squeeze.”

It is exactly what I hoped to happen.

BTC funding has gone negative and OI has risen rapidly.

This is occurring during the Sunday low-liquidity dump.

Bears are getting too confident here and this always happens before a big short… pic.twitter.com/8RGIPsglxB

— Crypto Eagles (@CryptoProject6) May 26, 2025

The article is not intended to provide investment advice. Each investment or trading decision involves some risk. Readers should do their own research before making any decisions.