May 2025 — Bitcoin (BTC) has officially broken through the $99,000 resistance level, edging closer than ever to the psychological $100K milestone. This breakout is making headlines across the crypto world, and Binance, the largest global crypto exchange, is witnessing record activity as traders react to this pivotal moment.
Record Volume and Trader Sentiment on Binance
As BTC surged past $99K, Binance reported record 24-hour BTC/USDT volume, with futures open interest also hitting new highs. The long/short ratio on Binance has hovered above 1.8, reflecting strong bullish positioning. Funding rates, which recently turned slightly negative during consolidation phases, flipped positive again as the rally accelerated—suggesting renewed confidence in the uptrend.
Retail and institutional traders alike are actively participating. According to Binance’s internal trading desk updates, large whale orders have been observed stacking buy walls just below $99K, signaling a belief that this isn’t just a spike, but the beginning of the next leg up.
Technical Indicators Point to $100K+
Technical analysis from Binance Research outlines key price levels:
Support: $96,500 – $97,800 (recent consolidation zone)Resistance: Minimal resistance left until $100K and $107KVolume Profile: Most traded range now between $93K–$98K, confirming strong buyer interest
Breaking $99K has cleared the final hurdle before $100K, a level considered both psychologically significant and historically symbolic.
On-Chain and Macro Signals Align
Beyond Binance trading floors, on-chain data confirms the bullish momentum:
Exchange reserves of BTC, especially on Binance, are at multi-month lows, indicating coins are moving into cold storage.ETF inflows continue to accelerate, with billions entering U.S. spot BTC ETFs, reducing available supply.
Additionally, softening U.S. monetary policy and increased geopolitical instability have driven institutional interest in Bitcoin as a store of value, further fueling the rally.
What’s Next for Binance Traders?
With $100,000 in sight, Binance has issued volatility warnings and adjusted margin requirements to help traders manage risk. Price discovery beyond $100K could trigger even more explosive upside, especially if institutional FOMO kicks in.
Binance also rolled out educational content and live chart streams to support new users entering the market during this critical moment.
Conclusion
Bitcoin breaking $99K is more than just a price milestone—it’s a signal that global interest in digital assets is reaching new heights. On Binance, where billions are traded daily, this moment marks the final sprint toward a six-figure Bitcoin.
All eyes now turn to the next candle. Will BTC make history with $100K?
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