In May 2023, Bitcoin strongly broke through $99,000, marking the entry of the cryptocurrency market into a new wave of bull market. Behind this rise, continuous inflow of ETF funds, the gradual emergence of halving effects, and geopolitical instability driving safe-haven demand are all contributing factors. However, high volatility remains a risk, and there may be severe corrections in the short term. In the long run, Bitcoin is gradually shifting from a 'speculative asset' to a 'digital gold' positioning, attracting institutions for stable allocation. Investors should carefully assess risks and their own strategies, avoiding emotional chasing of highs. Breaking through $100K is just the starting point; the future still deserves attention regarding its institutionalization and global acceptance. What do you think the next target will be?