Bitcoin rally collapses at $97K as funding rate stalls, retail traders sit out

Bitcoin's recent rally peaked at $97,000 but has since collapsed as funding rates stagnate. Retail traders are largely absent from the market, contributing to the decline in momentum. Analysts suggest that the lack of participation from smaller investors may hinder further price increases. Additionally, market sentiment has shifted, with many traders adopting a more cautious approach. The current situation raises concerns about the sustainability of Bitcoin's price recovery.

Read the full article: Coin Telegraph

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