Bitcoin traders still expect new all-time highs in 2025

From Cointelegraph.
May 30, 2025 4:00 pm:

BTC futures and options remain stable despite recent price correction, with professional traders optimistic. BTC fell 5.5% from May 27-30, retesting $104,000. Macro factors, like US trade war, likely behind weakness post-all-time high of $111,970 on May 22. US Treasury yields dropped to 4.42%, indicating increased buying activity. Bitcoin futures premium at 7%, no evidence of excessive leverage. Aggregate open interest in BTC futures steady at 700,000 BTC. Bitcoin options market shows limited reaction to $104,000 retest, 25% delta skew remains neutral. Tether trading at 0.4% discount in China, rotation into stablecoins likely. Professional traders not alarmed by pullback, technical perspective shows no reduced interest. $347 million net outflows from spot Bitcoin ETFs on May 29.

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