Bitcoin has rebounded from a recent pullback, climbing from $80,000 to approximately $88,000, but analysts caution that the momentum is slowing. Institutional traders foresee a gradual price increase rather than a rapid surge, with most expecting Bitcoin will not reach $100,000 before early 2026 unless significant changes occur. Liquidity inflows have risen, yet expectations of surpassing $100,000 by year-end are diminishing. The market has seen a shift from excessive leverage to more stable trading conditions, with spot trading volumes up and futures positions cooling. Analysts like Jasper De Maere note that the unwinding of leveraged positions has led to steadier price movements. Institutional investors are cautious, entering a period of reduced portfolio risk due to annual accounting cycles. Despite strong fundamentals, current liquidity levels are deemed insufficient to support a $100,000 breakout in 2025.