Yesterday, Bitcoin's price broke the $100,000 mark, rising over 6%, but nearly 200,000 people were liquidated, and 80% of the short positions evaporated.

Wall Street giants like BlackRock are hoarding coins through ETFs, controlling the pricing power. With continuous policy dividends, Bitcoin is gradually becoming a 'quasi-official asset', and global inflation has made it a new safe-haven choice.

However, retail investors are clearly no match for the big players. Institutions use fake orders to fish for stop-loss points. Once the price breaks through key levels, high-leverage short positions are instantly forced to close, with $840 million in short positions evaporating in an instant. Market computing power is concentrated, and regulation may tighten at any time, while popular coins are still diverting funds.

Is $100,000 the starting point for wealth, or a trap for massive losses?

Remember, the pricing power is in the hands of institutions. Don't touch high leverage, or you'll turn into chives in no time.