Matrixport's chart released today shows that the funding rate for Bitcoin continues to rise. Despite BTC experiencing a market adjustment, leveraged traders remain confident about future trends. From a technical analysis perspective, the price may pull back to the $89,000-$90,000 range, which is a key support level expected to stabilize the market.

As the Thanksgiving holiday approaches, Bitcoin has risen 119% so far this year, becoming a hot topic for the holiday. Additionally, Bitcoin is expected to once again be the best-performing asset of the year, especially as traditional financial investors increase their positions through ETFs. Looking ahead to 2025, more institutional funds may flow in, further enhancing Bitcoin's upward momentum.