Can BTC still rise? Analysts judge that the market is not overheated based on two indicators.

BTC continued to surge to new all-time highs after Trump's victory, however, many feared that overheating would cause prices to pull back. But multiple analysts said there are no signs of BTC overheating at this time. (Synopsis: BTC soared 1900% in Trump's first term!) BTC can rush to $1 million this time? (Background supplement: JPMorgan Chase: Trump will promote BTC "8 weeks in a row", friendly BTC commitment, tariff policy double benefit) The US presidential election was finally won by Republican candidate Trump with a margin of 295:226 votes, winning the 47th US presidential throne. Due to his public support for BTC several times before the election, BTC also ushered in a wave of celebrations, and its price soared from $69,000 to $75,000 on the 6th, and broke through $76,000 in the early morning of this (8th), continuing to refresh the all-time high. Analyst: The market shows no signs of overheating As BTC continues to hit highs, many investors believe that the market sentiment is too fear of missing out, and the encryption market may usher in a wave of pullbacks. However, according to Cointelegraph, multiple analysts have said that they are not seeing signs of the market overheating at this time. Alex Thorn, head of Galaxy Research, pointed out in a market report released yesterday: From a fundamental point of view, the market does not appear to be overheated at the moment On the same day, Aurelie Barthere, an analyst at encryption analysis firm Nansen, also expressed a similar opinion: BTC broke through all-time highs with a large number of volumes, showing that the market still maintains positive momentum after the election BTC funding rate "almost unchanged" In addition, Thorn also noted that while the rise in open interest (OI) in BTC contracts can sometimes raise concerns about volatility, the current funding rate shows that traders are bullish on BTC's prospects, with buyers willing to pay fees to hold longsPosition. According to Coinglass data, open interest in BTC contracts is currently at a record high, but the funding of various exchanges The rate is positive, which means that the contract market continues to be bullish on BTC. (However, I think that most people do not necessarily look at the rise signal, because this also means that the market makerdump is more) The funding rate is positive: the longs pay the funding rate to the shorts, indicating that the market sentiment is biased towards optimism. Negative funding rate: Shorts pays funding rate to longs, indicating that market sentiment is pessimistic. BTCfunding rate BTC open interest BTCSpot ETF inflows hit record highs On the other hand, according to Sosovalue data, BTCSpot ETFs set their highest single-day net inflow record since listing yesterday (7), with total net inflows reaching $1.38 billion, which is the second time to break through the $1 billion net inflow level since March 12. BTCSpot ETF net inflow and outflow Related reports BTC broke through 76,800 and reached a new high, Ethereum stood at $2,900, and the Fed cut interest rates by 1 yard U.S. stocks rise more and fall less, hit the face and pull cold wallets! Ke Wenzhe "1500" non-BTC, North Court seizure of Jinghua City land ruling revealed JPMorgan Chase: Trump will promote BTC "8 weeks in a row", friendly BTC commitment, tariff policy double benefits 〈BTC can still rise? Analysts "two indicators" judged that the market has not yet overheated" This article was first published in the dynamic area BlockTempo "dynamic area dynamic trend - the most influential Block chain news media".