Foresight News reports that Matrixport has stated that the Bitcoin funding rate continues to rise. Although BTC is experiencing a typical market correction, leveraged traders remain confident about the future market. From a technical perspective, the price may pull back to the $89,000 to $90,000 range, a key support level expected to stabilize the market. Bitcoin has seen a rise of up to 119% this year and is poised to be the best-performing asset again this year. A highlight of this rally is that traditional finance (TradFi) investors are increasing their positions through ETFs. Looking ahead to 2025, more institutional funds may flow in, further solidifying Bitcoin's strong upward momentum and reinforcing its long-term bullish outlook.

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