On May 9, 2025, Bitcoin (BTC) price strongly broke through $104,000, with a market cap exceeding $2.054 trillion, officially entering the global top five assets.

Meanwhile, Ethereum (ETH) saw a daily increase of 22%, breaking through $2,200, driving the entire crypto market up.

👉 The five core driving factors of this round of increase

1. Improved policy environment: Eased tariffs and favorable regulations

The Trump administration recently released positive signals on tariff policies, a trade agreement between the UK and US was reached, and expectations for US-China negotiations have risen, leading to an increase in market risk appetite.

Multiple states in the US are promoting Bitcoin strategic reserve bills, leading to a surge in institutional allocation demand.

2. Expectations for Fed rate cuts are rising

Although the May FOMC meeting kept interest rates unchanged, Powell hinted at a possible shift towards easing policies in the future, with the market betting on a 68% chance of a rate cut in September.

Expectations for liquidity easing are driving accelerated capital inflows into the crypto market.

Follow me @Crypto 反卷队长 to welcome the bull market

3. Institutional funds are strongly flowing back

The outflow trend of Bitcoin ETFs has ended, with a total net inflow of $40.207 billion on May 4, nearing historical highs.

MicroStrategy announced an $84 billion BTC accumulation plan, with companies like Metaplanet and Jetking continuously increasing their positions.

4. On-chain data verifies bull market signals

Bitcoin whales (holders of 10-10,000 BTC) have increased their holdings by 81,338 BTC below $100,000, with their share rising by 0.61%.

The stock of BTC on exchanges continues to decline, with long-term holders reaching a new high.

5. Technological upgrades and ecological expansion

The adoption rate of Bitcoin's Lightning Network is increasing, significantly reducing transaction costs.

The Ethereum Layer 2 ecosystem (such as Arbitrum) is booming, driving up ETH demand.

👉 Long-term value positioning of Bitcoin

The digital gold attribute is strengthened: Under global inflationary pressure, a fixed supply of 21 million coins makes it a core asset against inflation.

Institutional allocation is mainstreaming: Continuous buying by listed companies, state governments, and ETFs is shifting BTC from a speculative asset to a strategic reserve asset.

Global financial status enhancement: Market value surpasses traditional assets like silver and Tencent, entering the global top five assets.


👉 Risk warning

Despite the high market sentiment, investors should remain wary of short-term volatility risks:

The Fed's policy still has uncertainties; if economic data exceeds expectations, the pace of rate cuts may be delayed;

Bitcoin is prone to technical corrections near historical highs;

Altcoins are lacking momentum for upward movement, and caution is needed regarding capital rotation risks.


👉 Recommendations (for reference only)

Short term: Watch if BTC can hold above $100,000; if it retraces to the $95,000-$98,000 range, consider scaling in.

Long term: Accumulate core assets like BTC and ETH on dips, avoiding chasing MEME coins.

Risk control: Keep leverage within 3 times, and set dynamic stop-loss and take-profit levels.

Bitcoin's breakthrough marks a new phase for the crypto market, and investors should embrace opportunities while maintaining rationality and managing risks.

#比特币预测 #BTC交易 #BTC重返10万
Follow me@Crypto 反卷队长 , to welcome the bull market