Bitget Research Chief Analyst Ryan Lee stated that Bitcoin is currently in a phase of inadequate liquidity during the holiday season. Therefore, after Christmas, market liquidity is expected to recover, and it is anticipated that Bitcoin may once again break through $105,000. (Background: Bitcoin's historical price comparison during Christmas: This year is 392,880 times that of 2010) (Additional Background: Glassnode Study: The magnitude of Bitcoin's retracement in each cycle is weakening, possibly entering the late stage of a bull market) With the arrival of Christmas, the market originally expected investors to temporarily step away, leading to continued low-level fluctuations. However, it seems that institutions or whales may have taken the opportunity to accumulate, and Bitcoin reached $99,968 this morning at 8 AM, extremely close to the $100,000 mark. As of the time of writing, it has slightly retraced to $98,757. Whether it will continue to rise or has already reached a peak and will continue to oscillate remains to be observed. Analyst: Liquidity of Bitcoin will recover after Christmas. In this regard, Bitget Research Chief Analyst Ryan Lee recently stated that Bitcoin is currently in a phase of inadequate liquidity during the holiday season. Therefore, after Christmas, market liquidity is expected to recover, and Bitcoin is anticipated to break through $105,000: After Christmas, market liquidity typically rises again. It is expected that funds will actively position themselves in industries positively impacted by Trump's official inauguration. Bitcoin's price range is expected to be between $94,000 and $105,000. Meanwhile, on the Binance exchange, the funding rate for Bitcoin's perpetual contract product is showing positive, indicating that the overall market still leans towards a bullish outlook on Bitcoin. Analysts believe this could also be a significant bullish signal. However, it is worth noting that as one of the key factors supporting Bitcoin's liquidity—spot ETF products—there have been net outflows of funds for four consecutive days as of December 24, totaling approximately 15,500 BTC. Bitcoin spot ETF inflow and outflow data. Source: Coinglass. Six Bitcoin mutual funds will be listed in Israel on December 31. Additionally, it is worth mentioning that, according to CoinDesk, six mutual funds tracking Bitcoin prices have received approval from the Israeli Securities Authority (ISA) last week and are expected to officially list for trading on December 31, providing investors with more diverse channels to acquire BTC. It is understood that these six Bitcoin mutual funds are issued by Migdal Capital Markets, More, Ayalon, Phoenix Investment, Meitav, and IBI. However, according to sources, initially, these funds will only trade once a day and will open for continuous trading in the future. Related Reports: Ethereum believers have three reasons to be optimistic about ETH's explosive growth in 2025: anticipated gains to exceed Bitcoin. Accurate bottoming indicator? Coinbase Bitcoin negative premium just broke 0.2%, BTC initiates strong rebound. Bitcoin surged 5% overnight to break $99,000! BCA Research: Three reasons the Federal Reserve will cut rates by more than 2 basis points next year. "Bitcoin rebounds to $99,900! Analysts: Liquidity will recover after Christmas, bullish on Trump's inauguration benefits." This article was first published on BlockTempo (the most influential blockchain news media).