Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
January 2nd Futures Market Dynamic Update

January 2nd Futures Market Dynamic Update

Bitget2025/01/02 06:50
By:Bitget

How ETH, SOL, SUI and AAVE could respond to new Bitcoin price ATHs in 2025

Most traders expect Bitcoin price to hit new highs throughout 2025, and charts suggest ETH, SOL, SUI and AAVE could be the top-performing altcoins this year.
 
Bitcoin reached the six-figure mark for the first time on Dec. 5, signaling a significant milestone for the cryptocurrency markets. One of the primary reasons for the gains was the sustained inflows into United States Bitcoin exchange-traded funds (ETFs).
 
Bloomberg ETF analyst Eric Balchunas said in a Dec. 17 post on X that spot Bitcoin ETFs’ assets under management stood at $120 billion, just shy of gold’s $125 billion. He said that Bitcoin funds competing with gold funds within 11 months of launching was “unreal.”
 
Several analysts remain bullish on Bitcoin’s performance in 2025, as they anticipate institutional adoption to continue. Some believe Bitcoin could rally as high as $500,000 and beyond, but others have more conservative targets. A continued rally in Bitcoin would likely boost sentiment across the crypto sector while attracting solid buying in several altcoins. Based on the current chart patterns, some altcoins stand out and may be worth watching out for.
 
ETH's current symmetrical triangle acts as a continuation pattern, and the price breaks out in the direction of the prevailing trend prior to the triangle formation. That suggests the ETH/USDT pair is likely to break out to the upside. For SOL, the bulls will have to push and maintain the price above the resistance line of $116 to signal that the correction may be over. The SOL/USDT pair may then climb to $260.
 
Although Sui has a short trading history, it has repeatedly made new all-time highs and held on to a large part of its gains. The upsloping moving averages and the RSI in the overbought territory indicate an advantage to buyers. On the other hand, Aave broke and closed above the $261 overhead resistance, completing a rounding bottom pattern. The bears stalled the rally at $400 and have pulled the price back toward the breakout level of $261. This is an important level to watch out for because a strong bounce off it will signal that the bulls have flipped $261 into support. Source:  CoinTelegraph
 

Futures Market Updates

There was not much activity on the first day of 2025, but short positions got liquidated twice more than longs, hence funding rates of more than 0.0100% on both Bitcoin and Ethereum markets.

Bitcoin Futures Updates

Total BTC Open Interest: $57.95B (+0.80%)
BTC Volume (24H): $49.12B (-49.39%)
BTC Liquidations (24H): $11.43M (Long)/$19.83M (Short)
Long/Short Ratio: 50.26%/49.74%
Funding Rate: 0.0125%
 

Ether Futures Updates

Total ETH Open Interest: $23.64B (+2.32%)
ETH Volume (24H): $19.37B (-23.01%)
ETH Liquidations (24H): $5.88M (Long)/$9.45M (Short)
Long/Short Ratio: 49.11%/50.89%
Funding Rate: 0.0114%
 

Top 3 OI Surges

AI16Z: $65.66M (+166.76%)
DGB: $4.77M (+119.63%)
FTN: $1.37M (+89.07%)
0
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!

You may also like

ECB shifts stance! Will interest rate hikes resume in 2026?

In the debate over "further tightening" versus "maintaining the status quo," divisions within the European Central Bank are becoming increasingly public. Investors have largely ruled out the possibility of the ECB cutting interest rates in 2026.

Jin102025/12/10 14:11

On the eve of Do Kwon's trial, $1.8 billion is being wagered on his sentence

Dead fundamentals, vibrant speculation.

深潮2025/12/10 12:59
On the eve of Do Kwon's trial, $1.8 billion is being wagered on his sentence

Space Review|When the US Dollar Weakens and Liquidity Recovers: Cryptocurrency Market Trend Analysis and TRON Ecosystem Strategy

This article reviews the identification of macro turning points and the capital rotation patterns in the crypto market, and delves into specific allocation strategies and practical approaches for the TRON ecosystem during market cycles.

深潮2025/12/10 12:59
Space Review|When the US Dollar Weakens and Liquidity Recovers: Cryptocurrency Market Trend Analysis and TRON Ecosystem Strategy

30-Year Wall Street Veteran: Lessons from Horse Racing, Poker, and Investment Legends That Inspired My Bitcoin Insights

What I focus on is not the price of bitcoin itself, but rather the position allocation of the group of people I am most familiar with—those who possess significant wealth, are well-educated, and have successfully achieved compounding returns on capital over decades.

深潮2025/12/10 12:58
© 2025 Bitget