Bitcoin has quietly broken through $111,000, and the super bull market has already begun! Are you still waiting for a pullback?

On May 22, Bitcoin silently broke through $111,000, setting a new historical high. Many people didn't react in time and are still waiting for the 'next pullback'.

But you have to understand that a real bull market is never perceived during the surge; it is completed during a quiet transition. While most people are still watching, institutions, ETFs, and sovereign funds have already been buying.

Don't compare today with 2017 and 2021; this round is driven by institutions + national consensus + macro hedging, resonating in three narratives. Is the next stop $130,000? $150,000? Nobody knows, but those who are still hesitating now will only be left watching others ascend to heaven in the future.

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