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[Opinion] Futures Funding Is Driving Bitcoin Higher—Which Price Levels Are Most Likely to Determine the Next Move? According to Cointelegraph analysts, increased activity in the Bitcoin futures market is currently driving short-term price direction. Liquidation heatmaps show that BTC is currently trading above $64,000, with significant short liquidity clustered between $65,500 and $66,000. A breakout above this zone could accelerate upward movement toward $67,000. Meanwhile, the primary support level lies near $63,000–$63,750; a break below this range may trigger deeper downward pressure. Over the past week, futures funding flows have overall favored buyers. Combined with open interest and funding rate data, Bitcoin is likely to remain range-bound between $60,000 and $67,000 in the near term. Liquidity clusters will be key in determining the direction of the next price move.

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