#BTCBreaks99K। Bitcoin Surges Past $99K Amid Surging Market Activity**
As Bitcoin soared beyond $99,000, Binance recorded an all-time high in 24-hour BTC/USDT trading volume, with futures open interest also reaching unprecedented levels. The platform’s long/short ratio has consistently stayed above 1.8, highlighting persistently bullish sentiment among traders. After briefly dipping into negative territory during recent price consolidation, funding rates rebounded into positive as the rally gained momentum—a sign of growing conviction in the continuation of the uptrend.
Both retail and institutional investors are fueling the momentum. Binance’s trading desk noted aggressive whale activity, with large buy orders clustered just below the $99,000 mark. This strategic positioning indicates a broader market expectation that the current surge represents more than a short-term spike, but rather the early stages of a sustained upward trajectory. Analysts suggest this alignment of retail enthusiasm and institutional strategy could signal further gains ahead.