Bull market engine started? Can we expect an explosive period in the second half of the year?
The technical and fundamental aspects are resonating rarely. From the market sentiment, the breakthrough of $100,000 in May signifies a complete reversal of the long-short landscape, with the staggering data of $900 million in short-seller liquidations confirming the unstoppable force of the trend. The current price has broken through the strong resistance zone at the $100,000 level, completely opening up space above.
There are clear signs that the market is betting on a shift in Federal Reserve policy ahead of time. Even if interest rate cuts are paused in June, funds will continue to speculate on easing expectations.
With liquidity easing due to improved international trade relations, Bitcoin may enter a "self-reinforcing" loop: price rise → attracting more funds → driving further increases. If the macro environment aligns in the second half of the year, challenging $150,000 to $200,000 is not a fantasy.
