Bitcoin’s realized capitalization has surged to an all-time high of $890 billion, reflecting robust investment confidence as both long-term and short-term holders have increased their holdings. This surge coincides with the recent rally in Bitcoin price above $97,000 following news about US-China trade talks. Key insights:** Large Bitcoin holders exceeding 1,000 BTC have been aggressively accumulating coins since March 2025, mirroring a similar trend observed in Q1 2024 that preceded Bitcoin’s all-time high at the time. This accumulation suggests growing belief in the current price uptrend and a potential return to $100,000. Bitcoin’s realized cap’s upward trajectory is further validated by data revealing a significant increase in whale addresses holding over 1,000 BTC, indicating strong confidence in the current market trend. This dynamic aligns with recent market trends and suggests that Bitcoin investors are positioning for potential price gains. The rise of this metric coincides with other positive indicators such as increased activity in long perpetual positions supporting bullish sentiment. While a price breakout above resistance at $97,000 to $99,000 could signal further bullish momentum and potential price targets around $100,000, a dip below key support levels between $93,000 and $95,000 is possible before any sustained upward movement. Experts, including Michael van de Poppe and Honey, are offering contrasting views on the future direction of Bitcoin prices. **While opinions vary, it’s important to remember this article doesn’t provide financial advice.** Investors should conduct their own research before making any investment decisions.