Bitcoin is holding steady above the $97,000 level as investors remain cautiously optimistic ahead of Donald Trump’s inauguration on January 20 and other major market events.
Analysts say this cautious approach reflects a more cautious stance on trading opportunities in the new year.
According to Coinglass data, Bitcoin’s perpetual futures funding rate is trading at 0.01% in the last 8-hour contract cycle on major exchanges. This indicates that it remains in a neutral range and is showing the highest rate in the last week, indicating moderate market sentiment.
“There is currently no significant increase in Bitcoin’s perpetual-term funding rate in the neutral range,” said Alvin Kan, COO of Bitget Wallet. “This suggests that investors are optimistic but are waiting for clarity on upcoming important events before entering long positions.”
Along with Bitcoin’s stable performance, AI-integrated tokens are becoming a focal point for investors. These tokens leverage blockchain technology to optimize portfolio management and decentralized finance (DeFi). Alvin Kan drew attention to this trend and said: “AI tokens will become a major trend as AI continues to integrate with the blockchain. AI intermediaries are expected to play important roles in portfolio management and blockchain governance by 2025.”
WeFi co-founder Maksym Sakharov echoed this sentiment, stating that the rise of AI tokens is bringing about a transformative change in the industry, similar to the previous rises of NFTs and DeFi in the crypto ecosystem. “AI tokens represent the fastest-growing segment of the industry, reshaping the ecosystem with innovative use cases,” he said.
Sakharov also made bullish predictions for Ethereum, with Steno Research predicting that the ETH/BTC ratio could rise from 0.035 to 0.06. Galaxy Research predicts that Ethereum’s price could reach $6,000 by 2025, while Bitwise analysts expect Ethereum to reach a new all-time high next year.