The breakthrough of Bitcoin at 100,000 USD marks a new stage for crypto assets, reflecting three core significances: Firstly, it reflects the strengthening consensus in the market regarding the anti-inflation properties of digital gold, especially during turbulent times in the traditional currency system, leading to accelerated institutional investment; Secondly, the expansion of blockchain technology application scenarios (DeFi, NFT, etc.) drives an upgrade in value capture capabilities, with the Web 3.0 ecosystem gaining substantial recognition; Lastly, this milestone may trigger an accelerated reconstruction of global regulatory frameworks, intensifying competition for sovereign digital currencies. However, caution is needed regarding leverage bubble risks, as historical data shows that Bitcoin's volatility often increases with new highs, and the market must rationally view the dual properties of short-term speculation and long-term technological revolution.