Bitcoin (BTC) Rises 2.6% During Low-Volume Holiday Trading Indicating Market Confidence
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
- Holiday Trading Performance: Bitcoin rose approximately 2.6% during the holiday trading session, primarily driven by spot and perpetual futures buying rather than liquidations, indicating active positioning by market participants despite low overall trading volume.
- Funding Rate Signals: The elevated perpetual funding rate suggests that traders are willing to pay a premium to hold long positions, reflecting bullish sentiment, and if BTC maintains above the ~$94,000 mark, it could trigger significant price volatility.
- Weak Market Confidence: Although there has been a pullback in downside hedging, indicating reduced fear of price drops, overall market conviction remains low, with a significant drop in open interest pointing to decreased participation.
- Liquidity Impact: Traders are awaiting the return of normal liquidity levels post-holidays to make stronger directional bets, leaving the BTC price outlook uncertain and necessitating caution with any price movements.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





