Stock prices are trending upward on news of a US-Iran ceasefire, but Bitcoin has been flat over the past few days. In this morning's trading, it has been hovering around $81,000, with a slight increase over 24 hours. What's interesting is that the funding rate has become significantly negative. This indicates that the overall market is holding a large number of short positions.



According to analysts, if these shorts are suddenly unwound, there is a possibility that Bitcoin could aim for $125,000. Looking at on-chain data, many active cryptocurrency holders are in a loss position, so even if there is a sharp rally, there is a high chance of subsequent selling pressure. Ultimately, how long the US-Iran ceasefire lasts seems to be the key factor.

Ethereum is trading at $2,330, Solana at $95, and XRP at $1.45. On a weekly basis, Ethereum is performing well. Depending on next week's geopolitical events, the overall cryptocurrency holdings in the market could also see accelerated fluctuations.
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