⚡Bitcoin Soars Over $100,000! Bitcoin Sweeps Out Shorts Triggering Liquidation Wave, Does the Fed's "Easing" Propel the Bull Market?

Bitcoin has surged past the $100,000 mark, reaching a new high since February, having jumped nearly 4% in just 24 hours, igniting market enthusiasm. However, this round of price surge is also accompanied by a brutal short liquidation, with over $200 million in contracts being liquidated, marking a new high in nearly two weeks.

This price increase coincides with the Federal Reserve's announcement to maintain interest rates, unexpectedly stabilizing market sentiment. Meanwhile, the Fed has quietly injected capital—spending $34.8 billion to purchase government bonds, further increasing liquidity. The M2 money supply has also soared to a historical high of $21.76 trillion, with expectations of fiat currency depreciation rising, making Bitcoin once again favored as an anti-inflation asset.

Notably, institutional funds are rapidly flowing back, with spot funds and ETFs showing positive inflows, indicating strong market confidence. Although Bitcoin is in an overbought state in the short term, price fluctuations or a brief pullback cannot be ruled out, but from an overall trend perspective, whales and analysts are generally bullish, with some investment banks even suggesting that the previous target price of $120,000 is "too conservative."

Bitcoin has not only surpassed $100,000 but also has the potential to reach even higher targets! Is the bull market just beginning?