[Analysis: Bitcoin futures term structure indicates bullish sentiment] Golden Finance reported that cryptoslate published an analysis article stating that the prices of Bitcoin futures contracts on major exchanges showed a gradual upward trend. The futures term structure chart shows how the futures prices of Binance, Bybit, Deribit, Huobi, and OKX have steadily increased from August 2024 to June 2025. This continued upward trend indicates that the market expects Bitcoin prices to rise in the next year. The chart starts at about $58,000 for the August 2024 contract and gradually increases, with the peak of the June 2025 contract at about $65,000. It is worth noting that Deribit leads with the highest predicted price, indicating that the market is confident in the futures market of the platform. In contrast, Huobi's forecast is slightly conservative, reflecting different market sentiments among exchanges. The trend of rising futures prices may mean that investors remain confident in the long-term value of Bitcoin after the halving in April 2024. Historically, halving events have led to sharp price increases due to reduced supply. Current futures pricing is consistent with this historical pattern, with prices expected to continue to rise. Market participants should consider these forecasts when developing strategies for the coming months, as the futures term structure provides insight into market expectations and potential price movements.