{"id":89523,"date":"2025-10-02T17:54:16","date_gmt":"2025-10-02T14:54:16","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=89523"},"modified":"2025-10-02T17:57:46","modified_gmt":"2025-10-02T14:57:46","slug":"analysts-point-to-healthy-market-dynamics-for-bitcoin","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/analysts-point-to-healthy-market-dynamics-for-bitcoin\/","title":{"rendered":"Analysts point to \u2018healthy market dynamics\u2019 for bitcoin"},"content":{"rendered":"<p>Funding rates for the leading cryptocurrency across major exchanges remain neutral or negative as it trades in a $110,000\u2013$120,000 range. This signals \u201chealthy market dynamics,\u201d noted CryptoQuant analyst PelinayPA.\u00a0<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Bitcoin Funding Rates on Binance Indicate a Potential Rally<\/p>\n<p>\u201cOverall, the setup remains bullish, negative funding suggests accumulation opportunities while strong spot demand underpins the rally\u2019s sustainability.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/PelinayPA?ref_src=twsrc%5Etfw\">@PelinayPA<\/a> <\/p>\n<p>Link \u2935\ufe0f<a href=\"https:\/\/t.co\/mJmLZJMVhX\">https:\/\/t.co\/mJmLZJMVhX<\/a> <a href=\"https:\/\/t.co\/OHXi1eJUGk\">pic.twitter.com\/OHXi1eJUGk<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1973687903713915266?ref_src=twsrc%5Etfw\">October 2, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Unlike typical episodes where price gains are accompanied by high leverage, the current backdrop suggests dominant organic demand and accumulation by long-term investors.\u00a0<\/p>\n<p>In the expert\u2019s view, a key advantage of the current structure is the potential for <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-short-squeeze\">short squeezes<\/a>, bolstered by institutional demand.\u00a0<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cOverall, the setup remains bullish: negative funding suggests accumulation opportunities, while steady spot buying provides fundamental support for the rally,\u201d the expert noted.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>As a near-term price target, PelinayPA cited $120,000\u2013$125,000. A loss of $115,000 against a backdrop of negative funding could prompt a deeper correction.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Cautious sentiment\u00a0<\/h2>\n<p>According to analysts at <a href=\"https:\/\/insights.glassnode.com\/the-week-onchain-week-39-2025\/\">Glassnode<\/a>, a critical level for bitcoin is the short-term holders\u2019 cost basis, which sits above $110,000. They stressed that since May this metric \u201chas acted as support five times, separating bullish and bearish scenarios.\u201d\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512-1024x576.png\" alt=\"image\" class=\"wp-image-266827\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-97f9da0b4f47d760-5809374272751512.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.\u00a0<\/figcaption><\/figure>\n<p>In their analysis, the experts noted that upside is constrained by a dense cluster of sell orders in the $114,000\u2013$118,000 band. However, by the time of writing the leading cryptocurrency had cleared its upper bound, breaking through $119,000.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"600\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823-1024x600.png\" alt=\"image\" class=\"wp-image-266828\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823-1024x600.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823-300x176.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823-768x450.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823-1536x900.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-25688eedf2213333-5809387752016823.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Hourly chart of BTC\/USDT on Binance. Source: <a href=\"https:\/\/ru.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.\u00a0<\/figcaption><\/figure>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cOvercoming the pressure from sellers is a key condition for a fresh attempt by the market to set new all-time highs. A confident hold above $118,000 will signal that demand is absorbing supply from buyers who entered at the peaks; this will strengthen the case for further gains,\u201d Glassnode wrote.\u00a0<\/em><\/p>\n<\/blockquote>\n<p>Market sentiment is cooling, they added. They pointed to the short-term holders\u2019 realized price, which has been falling since May. The <a href=\"https:\/\/forklog.com\/en\/news\/what-is-cryptos-fear-and-greed-index\">Fear and Greed Index<\/a> has shifted into the \u201cneutral\u201d zone.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695-1024x576.png\" alt=\"image\" class=\"wp-image-266829\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-88edda50acf687f0-5809408798785695.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.\u00a0<\/figcaption><\/figure>\n<p>Long-term investors have scaled back distribution after months of profit-taking, while US <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\">exchange-traded funds<\/a> have resumed net inflows. This balance also sets the stage for potential consolidation.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232-1024x576.png\" alt=\"image\" class=\"wp-image-266830\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-551b0ebca2a92250-5809428362892232.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.\u00a0<\/figcaption><\/figure>\n<p>In the options market, following a record expiry, open interest is being rebalanced around a seasonal factor\u2014the expected <a href=\"https:\/\/forklog.com\/en\/news\/analysts-elucidate-the-pattern-of-seasonal-rallies-in-q4\">Uptober<\/a>. Traders are actively buying calls in the $136,000\u2013$145,000 range while selling puts. In the experts\u2019 view, this reflects cautious optimism about fourth-quarter prospects.\u00a0<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"576\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737-1024x576.png\" alt=\"image\" class=\"wp-image-266831\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737-1024x576.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737-300x169.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737-768x432.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737-1536x864.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/img-5b32581cc1e590e0-5809438841225737.png 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: Glassnode.\u00a0\u00a0<\/figcaption><\/figure>\n<p>Earlier, CryptoQuant analysts <a href=\"https:\/\/forklog.com\/en\/news\/analysts-identify-conditions-for-bitcoins-rise-to-200000\">identified<\/a> conditions for bitcoin to rise to $200,000. The leading cryptocurrency is supported by three key factors: resilient demand, rising <a href=\"https:\/\/forklog.com\/en\/news\/what-are-stablecoins\">stablecoin<\/a> liquidity and a decline in traders\u2019 unrealised profits.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin funding rates remain neutral or negative. That signals \u201chealthy market dynamics,\u201d a CryptoQuant analyst said.<\/p>\n","protected":false},"author":1,"featured_media":89524,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Glassnode sees a new all-time high if bitcoin holds above $118,000","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[18,1205,1273,1268],"class_list":["post-89523","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin","tag-cryptoquant","tag-glassnode","tag-on-chain-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"164","promo_type":"1","layout_type":"1","short_excerpt":"Glassnode sees a new all-time high if bitcoin holds above $118,000","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=89523"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89523\/revisions"}],"predecessor-version":[{"id":89525,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/89523\/revisions\/89525"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/89524"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=89523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=89523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=89523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}