The current Bitcoin market, with the number #加密市场反弹 , is staging a breath-taking short squeeze drama, reminiscent of the violent surge following Trump's victory last year. Last night, the price surged past the psychological threshold of 100,000 USD with overwhelming force, and countless short positions are being ruthlessly liquidated in this "liquidity massacre." This article will deeply analyze the current market landscape, reveal the driving forces behind this surge, and predict possible extreme market conditions in the future.