ChainCatcher message, CryptoQuant analyst Axel Adler pointed out that Bitcoin needs more trading volume support to break through 105,000 USD in January 📈. The current market structure still appears bullish, with no signs of overheating, but lacks sufficient momentum. Adler stated that the market is waiting for a recovery after the holidays.

On January 3, Bitcoin's daily trading volume was 66.7 million USD, down 91% compared to 743 million USD on December 5 last year 📉. Nevertheless, analysts remain optimistic about Bitcoin's performance in 2025, predicting a price range between 160,000 USD and 200,000 USD, primarily benefiting from expectations of improved U.S. financial policies and an increase in investor risk appetite 💡.