Bitcoin (BTC) is up 9% over the past week and is currently trying to establish support above the key $88,000 level. Momentum indicators like the DMI and Ichimoku Cloud are showing clear bullish signals, with buyers firmly in control.
If this trajectory continues, BTC could soon test higher resistances near $88,000 and potentially aim for $90,000 and beyond. However, analysts warn that renewed uncertainty around Trump’s trade tariffs could disrupt the rally and trigger a pullback toward the $81,000 support zone.
Bitcoin DMI Show Buyers In Full Control
Bitcoin’s DMI chart shows a notable rise in trend strength, with the ADX climbing to 29.54 from 24.07 yesterday.
This increase suggests growing momentum behind the current move, pushing the ADX close to the 30 threshold—widely seen as confirmation of a strong, sustained trend.
A rising ADX doesn’t indicate direction on its own, but when paired with directional indicators, it helps identify the prevailing force in the market.
Looking at those directional indicators, the +DI is currently at 23.47 and has remained steady between 21 and 23 over the past two days.
Meanwhile, the -DI has dropped sharply to 9.45 from 16.65, signaling a significant decline in bearish pressure.
This widening gap between bullish and bearish momentum points to buyers taking control, and if the ADX continues to rise above 30, it could validate a new bullish phase for BTC.
BTC Ichimoku Cloud Shows A Clear Bullish Structure
Bitcoin’s Ichimoku Cloud chart continues to lean bullish, with price holding firmly above both the Tenkan-sen (blue line) and Kijun-sen (red line).
Looking ahead, the Kumo (cloud) is green and steadily rising, which reinforces a positive outlook for the coming sessions. The price is well above the cloud, indicating the trend is bullish and also firmly established.
There’s also a clear gap between the current candle and the cloud, suggesting that the market has room to retrace without shifting the overall structure.
As long as the price stays above the Kijun-sen and the cloud remains green, the bullish trend remains technically intact.
Will Bitcoin Break Above $90,000 Soon?
If Bitcoin price maintains its current momentum, it could soon challenge the resistance at $88,839, with $90,000 as a psychological milestone.
Should the uptrend remain strong, further targets lie at $92,920 and potentially $98,484, marking a continuation of the bullish structure.
However, crypto analyst and Coin Bureau founder Nic Puckrin warns that this momentum could be short-lived. He notes that renewed uncertainty around Trump’s trade tariffs might weigh on BTC:
“The caveat here is that all this positive momentum could disappear in a puff of smoke if there’s any backpedalling on tariffs or an unexpected shock announcement – which we all know is always a possibility. In fact, we continue to have constant back-and-forth on tariffs: exemptions on electronics turned out to be temporary, the details of when tariffs will come in are lacking, and so on,” Puckrin told BeInCrypto.
He also defends that the $81,000 support could be tested again:
“This, perhaps, explains why Bitcoin is, once again, in a “wait and see” pattern, with low liquidations at under $200 million pointing to uncertainty in the market. If we don’t see any external shocks, $88,000-$90,000 is the next range to watch, with liquidity pool clusters at this level suggesting we will see an uptick of volatility here. However, a short-term correction to re-test support at $81,000 would be healthy and, as long as BTC remains above this threshold, would even point to a sustainable price recovery,”
Overall, it looks like the current macroeconomic factors are priced in. Yet, the market is cautious about sudden surprises, as Trump’s recent tariffs went beyond any conventional economic trend and disrupted almost every global financial market.
Crypto whales are making bold moves heading into May 2025, and three tokens are standing out: Ethereum (ETH), Artificial Superintelligence Alliance (FET), and Onyxcoin (XCN). All three have seen a noticeable uptick in large-holder accumulation over the last week, signaling growing interest from big players despite recent volatility.
While ETH and XCN are both coming off sharp corrections, whale buying suggests confidence in a potential rebound. Meanwhile, FET is riding renewed momentum in the AI sector, with whale activity accelerating alongside rising prices.
Ethereum (ETH)
The number of Ethereum crypto whales—wallets holding between 1,000 and 10,000 ETH—has been steadily climbing since April 15. Back then, there were 5,432 such addresses.
That number has now risen to 5,460, the highest count since August 2023. At the same time, the concentration of ETH held by these whales is also hitting new highs, signaling growing accumulation by large holders.
Number of Addresses Holding Between 1,000 and 10,000 ETH. Source: Santiment.
Ethereum price is currently down more than 19% over the last 30 days. If the correction continues, the price could retest support at $1,535. Losing that level might send ETH toward deeper support at $1,412 or even $1,385.
However, if the trend reverses, key resistance zones lie at $1,669 and $1,749—with a potential push toward $1,954 if bullish momentum builds.
In this context, the growing dominance of whales could act as either a stabilizing force or a looming risk, depending on how they respond to market shifts.
Artificial Superintelligence Alliance (FET)
The number of FET whales—wallets holding between 10,000 and 1,000,000 tokens—increased from 572 on April 13 to 586 by April 19.
This steady growth in large holders points to rising confidence among bigger players. It comes at a time when the broader AI crypto narrative is showing signs of a rebound.
Key AI coins like FET, TAO, and RENDER have all increased over 9% in the last seven days, with FET itself gaining more than 8% in the past 24 hours and 13.5% over the week. This suggests a possible comeback for the artificial intelligence narrative in crypto.
Number of Addresses Holding Between 100,000 and 1,000,000 FET. Source: Santiment.
If this momentum continues, FET could push toward resistance at $0.659. A clean breakout from that level could open the door to further gains, with $0.77 and $0.82 as the next potential targets.
On the flip side, if the rally stalls, FET might drop back to test support at $0.54. A breakdown below that could send it as low as $0.44.
With whale activity heating up and the AI sector showing renewed strength, FET’s next move could be a key signal for where the narrative heads next.
Onyxcoin (XCN)
Onyxcoin was one of the standout performers in January, but its momentum has faded in recent months. After a strong bounce—up of over 57% in the last 30 days, the token is now correcting, down 19% in the past seven days.
Despite this pullback, accumulation continues. The number of crypto whales holding between 1 million and 10 million XCN has grown from 528 on April 16 to 541, suggesting some large holders may be buying the dip.
Number of Addresses Holding Between 1,000,000 and 10,000,000 XCN. Source: Santiment.
If the correction deepens, XCN could lose support at $0.0165. A drop below that may open the door to further declines toward $0.0139 and $0.0123.
But if the trend flips back upward, the token could first test resistance at $0.020. A strong breakout from there might lead to a move toward $0.027. With whale activity on the rise and volatility returning, XCN’s next move could be decisive.
Bitcoin whales have moved just $3.27 billion of BTC to Binance over the past 30 days. This figure marks the lowest whale inflow since November 2024, according to CryptoQuant.
Consequently, this drop signals declining sell-pressure from major holders. Fewer coins entering exchange order books often underpin stronger price support.
Bitcoin Whales Continue Holding
CryptoQuant analyst JA Maartunn explains that during March and November 2024 rallies, whale inflows surged above $6.17 billion and $8.44 billion. Those peaks coincided with sharp pullbacks, as whales locked in gains at higher prices.
Furthermore, subdued whale deposits suggest holders now prefer to retain or relocate coins off-exchange. Many may move BTC into cold storage or over-the-counter venues, reducing visible supply.
Binance Whale Flow Chart. Source: CryptoQuant
As a result, the market faces tighter liquidity. Lower sell-walls on Binance create room for price advances. Traders often view this as a bullish backdrop.
On the price front, Bitcoin recently climbed to about $104,000. That rally found support partly because large-scale sell orders failed to materialize. Last week, CryptoQuant data showed that ‘new Bitcoin whales’ hold most of the capital.
These whales bought at an average price of $91,922, so they likely aim for a much higher selling price.
However, macro factors still influence market direction. Fed policy decisions, regulatory shifts and geopolitical events can trigger sudden supply surges.
In addition, on-chain metrics show long-term holders increasing their positions. Such accumulation often precedes sustained up-moves, as coins effectively vanish from the circulating supply.
Nonetheless, subdued whale activity does not guarantee uninterrupted gains. Retail sentiment, derivatives positioning, and institutional flows can reignite volatility.
Diverging BTC inflows on Binance: Whales vs Retail
“Overall, total inflows across all investor categories remain much lower than what we’ve seen in peak market phases.” – By @Darkfost_Coc
Ultimately, the six-month low in Binance whale inflows reflects tentative confidence among large holders.
If whales maintain this restraint, Bitcoin may find firmer footing above $100,000. Yet market watchers will track any shift in whale behavior for early warning of changing sentiment.
The state of security across the crypto and blockchain space has changed significantly in the past few months. Traditional smart contracts exploited or brute force attacks on blockchain networks are being superseded by crypto scams like rug pulls and pump-and-dump schemes.
BeInCrypto spoke with a spokesperson from security firm CertiK to understand how blockchain and security threats are evolving and how projects and users can safeguard against future exploits.
Social Media Hacks on the Rise
Over the past few months, the crypto community has seen a rise in social media-related hacks. This increasingly common tendency has pivoted away from the orchestration of more sophisticated blockchain attacks that have traditionally plagued headlines.
Whereas smart contract exploits or blockchain hacks require more knowledge, hackers have found an easier avenue by targeting social media accounts instead.
X (formerly Twitter) has quickly become the social media platform of choice among Web3 hackers.
Social Media is Now a Prime Target for Web3 Hackers
After US President Donald Trump launched his meme coin only two days before assuming office, hackers began to take advantage of the hype to hack high-profile X accounts and convince followers to invest in scam meme coins.
Last month, anonymous hackers took over the X account of the former Malaysian Prime Minister Mahathir Mohamad to promote MALAYSIA, a fake meme coin promoted as the country’s official cryptocurrency.
The post was removed within an hour, but the damage was done. Analysis shows that these hackers were probably related to the infamous Russian Evil Corp and that they stole $1.7 million in this rug pull.
The MALAYSIA token scam happened only two weeks after hackers exploited former Brazilian President Jair Bolsonaro’s social media account. In that instance, scammers promoted the BRAZIL token, which rose over 10,000% in minutes, netting the scammers over $1.3 million.
These scams have also affected technological companies.
Attacks on Tech Companies
In December, AI research and development company Anthropic also saw its X account hacked. A fraudulent post claimed that a fake token called CLAUDE would incentivize AI and crypto projects and included a wallet address for investors.
Attackers managed to collect around $100,000 from speculative investors.
These situations also highlight a broader issue of weak account security on social media platforms. As a result, even prominent individuals are susceptible to security breaches that directly affect the crypto community.
TRUMP Meme Coin Launch Was a Catalyst For Crypto Scams
“Now is the time to talk about the fact that large-scale political coins cross a further line: they are not just sources of fun, whose harm is at most contained to mistakes made by voluntary participants, they are vehicles for unlimited political bribery, including from foreign nation states,” Buterin claimed.
Buterin highlighted the tokens’ role in enabling scams and political corruption in crypto and blamed a regulatory loophole former SEC Chair Gary Gensler created for allowing bad actors to exploit governance tokens.
However, these crypto scams extend beyond political themes.
Growth of Social Engineering Exploits
A week after Buterin cautioned against political meme coins, a Coinbase user lost $11.5 million after falling victim to a social engineering scam on Base.
Crypto sleuth ZackXBT uncovered the exploit, pointing out that this incident is part of a growing trend, with multiple Coinbase users suffering similar losses. He also estimates that crypto scams of this nature have drained at least $150 million from Coinbase customers.
“Coinbase has a serious fraud problem. I just uncovered many more recent thefts from Coinbase users. The $150 million stolen from Coinbase users in a year is just from thefts I independently confirmed. So it’s more than likely multiples of this number,” ZachXBT stated.
In social engineering scams, attackers use phishing emails, spoofed calls, and other deceptive tactics to trick victims into revealing private keys or login credentials. Once they gain access, they drain wallets, move funds, and take control of accounts.
For CertiK, these situations stipulate the need for stronger security measures.
Addressing these security challenges is crucial as new crypto projects increase exponentially.
Prioritizing Proactive Security in a Rapidly Growing Industry
The Web3 sector is experiencing consistent growth, marked by a surge in new crypto project launches. This innovative momentum is expected to continue, but it’s also fueling security concerns.
Notably, the increasing rate of scams and hacks in the first three months of 2025 makes it clear that security efforts are struggling to keep up with innovation.
A study by Precedence Research estimates the Web 3.0 market will expand from USD 4.62 billion in 2025 to approximately USD 99.75 billion by 2034, with a projected compound annual growth rate (CAGR) of 41.18% during that period.
Predicted market size of Web3 in the next ten years. Source: Precedence Research.
Yet, CertiK believes that project developers are pushing security considerations toward the end of the priority list.
As the Web3 ecosystem evolves, a proactive and adaptive security approach is critical. Prioritizing both blockchain integrity and social media vigilance will be essential for safeguarding the growing Web3 ecosystem.
The battle against these exploits requires a future where security is not an afterthought but a foundational pillar of every Web3 project and user interaction.
