Bitcoin breaks through the $100,000 barrier, bull market accelerates!

The price of Bitcoin successfully broke through the $100,000 barrier, reaching a high of $104,300, marking a new phase in the cryptocurrency bull market. Unlike previous rapid surges, this breakthrough demonstrates stability and sustainability, with a surge in trading volume and strong market confidence.

Market sentiment improves, capital steadily flows in

New capital continues to enter the market, with a 30-day capital rotation rate of only 16.7%, far below historical levels that indicate speculative overheating, suggesting that new buyers are gradually entering the market, and the confidence of long-term and short-term holders is consistent. Behind this breakthrough, not only is there a strong rebound in Bitcoin, but Ethereum has also broken through $2,400, and other altcoins are seeing rises as well.

Price breaks through key levels, next target $103,600

Currently, Bitcoin's key support level has stabilized around $100,000, while the next resistance level is being tested. If it breaks through $103,600, it could open up new historical highs, entering a new phase of price discovery. The technical outlook shows that Bitcoin's upward structure is solid, and it may use $100,000 as new bottom support, further driving market rebounds.