PANews January 6 news, according to QCP Asia analysis, Bitcoin prices are gradually approaching the key resistance level of $100,000 this week. This price level faced strong selling pressure in December 2024. As we approach this threshold, the market funding rate remains healthy and has not seen a situation similar to December 5, when the funding rate surged to over 60% after the breakout.
Currently, market volatility is low, sentiment is neutral, and there is a lack of significant cryptocurrency catalysts in the short term. In addition, news related to Trump is expected to emerge only after his inauguration on January 20.
This week, the market will focus on U.S. employment data, especially the non-farm payroll (NFP) report on January 10. The JOLTS job openings data and ADP employment data to be released on the 7th and 8th will help the market further shape expectations.
