From the recent market performance, the price of BTC has indeed experienced a significant upward period. Influenced by both Trump's election and the Federal Reserve's policy outlook, the price of BTC broke through the historical high of $93,400 in November 2024, and in some forecasts, the possibility of surpassing $100,000 by the end of the year was assessed by the options market at 43.68%. Behind this wave of increase, there are both policy expectations, such as Trump's promise to introduce a series of policies favorable to the development of cryptocurrencies, and active participation from institutional investors, injecting new momentum into the market.

However, whether BTC can truly stabilize at $100,000 cannot solely be determined by temporary market enthusiasm. In fact, multiple factors are intertwined, affecting BTC's future trajectory.

Firstly, the macroeconomic environment is an important consideration. In the context of global monetary policy easing and abundant funds, investors may turn to digital currencies like Bitcoin in search of higher returns. But at the same time, if inflation rises again leading to tighter monetary policy, it could pose resistance to Bitcoin.

Secondly, the uncertainty of regulatory policies is also a significant factor affecting BTC's price. The regulatory attitudes and policy changes of various governments towards Bitcoin are unpredictable; strict regulation can lead to market panic and trigger a sell-off. Conversely, a loose policy environment may support BTC's rise.

In addition, market sentiment and technological development are also factors that cannot be ignored. Under optimistic sentiment, prices are prone to being excessively pushed up; while under pessimistic sentiment, it may trigger panic selling. At the same time, the development of blockchain technology and the landing of Bitcoin-related applications will also affect its intrinsic value and market expectations.

In summary, whether BTC can stabilize at $100,000 depends on the combined effects of multiple factors. In the current market environment, although there are some optimistic expectations and signs, numerous uncertainties and challenges still exist. Therefore, investors need to remain calm and rational, closely monitor market dynamics and policy changes, and formulate reasonable investment strategies and risk management measures.