🚀 Bitcoin hits 100,000 USD, the market is ecstatic! But the backstory is even more explosive👇
On May 8th at 11:30 PM (UTC+8), BTC once again broke through the 100,000 USD barrier, reaching a high of 101,879 USD🔥
According to CoinGlass data, the market liquidation amount in the past 24 hours reached 500 million USD, with the shorts alone being liquidated for 410 million (over 80%!), making the bullish celebration quite evident.
👊 Trump strikes again: Powell is a "fool" for not lowering interest rates
While BTC skyrockets, Trump continues to fire at Federal Reserve Chairman Powell, saying he "talks to a wall every time he speaks," criticizing him for not wanting to lower interest rates while pretending to be dead. Trump believes that lowering interest rates can save the economy, but Powell insists on waiting, with current rates still at 4.25%-4.50%, refusing to budge💢
💥 Arthur Hayes predicts: This is just the beginning!
Former BitMEX CEO Arthur Hayes states:
👉 End of the year target: 150,000 USD
👉 2028 target: directly looking at 1,000,000 USD!
His logic is simple: U.S. Treasury liquidity operations + institutional frenzy + macroeconomic momentum, all contributing to fueling BTC. This wave is really not over yet.
🔍 My observations & reminders:
After Bitcoin broke through 100,000, the current quote is about 100,650 USD, up 2.6% in the past 24 hours.
The market is currently filled with optimism, dominated by bulls, with the BTC long-short ratio still above 1.2, but don’t forget:
✔️ Stabilizing above 100,000 is crucial; the next step is to watch the 110,000 barrier.
✔️ If it falls below 98,000, there is still a chance for a short-term rebound.
In the short term, this trend is basically driven by policy games + institutional liquidity; friends wanting to follow should not forget to set proper risk controls, as this is not a time to rely solely on emotions😉