According to online reports, Matrixport said in its latest report that the White House Crypto Summit and the confirmation of the U.S. strategic Bitcoin reserve failed to ignite market sentiment, the crypto market did not show a significant increase, and perpetual contract funding rates remained hovering at single digits. This suggests that enthusiasm among retail investors remains sluggish, in sharp contrast to April and December 2024, when funding rates soared to double-digit highs. Even the market momentum brought by Trump's official inauguration is relatively flat, clearly showing that Bitcoin still needs a more influential catalyst if it wants to usher in a new round of gains.