In the past 24 hours, the cryptocurrency market has experienced a strong rebound, with Bitcoin breaking the $100,000 mark for the first time since December 19, 2024, currently priced at $102,263, up nearly 4% in 24 hours. This rebound has also driven other major coins like Ethereum and Solana higher.

Market optimism has increased, with Coinglass data showing that the weighted funding rate for Bitcoin perpetual futures open interest has climbed to 0.0113% in the last 8 hours. QCP Capital analysts believe that although the funding rate is rising, the market is healthy, and a squeeze-like surge is unlikely to occur in the near term.

The options market indicates that a large number of short-term Bitcoin call options traded at the beginning of January suggest that prices may rise significantly. Trader Gordon Grant points out that while market sentiment is optimistic, it is still necessary to observe whether the rebound is a long-term trend.