After a long wait, the big pancake finally broke through the previous high and steadily stood above 110,000 yesterday!\nThis trend comes around every few years in a cycle.\nLast time in 2021, it plummeted from 64,000 to 30,000, then surged to a new high of 69,000.\nThis time it replicated the pattern, dropping from 109,000 to 75,000, and now it's back to 110,000.\nThe biggest change is the financial showdown between major institutions; giants like BlackRock and MicroStrategy keep buying the more it rises, which is on a completely different level compared to the previous retail investors and market makers cutting each other off.\nTheir willingness to play this way indicates that the cake they see behind the scenes is bigger than we can imagine—perhaps it’s no longer just the crypto circle getting excited, but global capital is scrambling for tickets to digital gold.\n#比特币突破11万美元 \n$$BTC \n