The price surged past 110,000, breaking the historical high set on January 20. This scene inevitably reminds one of that moment in November 2021.

At that time, the price briefly exceeded the early year's high before quickly retreating, marking the beginning of a long and profound bear market cycle.

Now the market seems to be once again at a turning point of fate: will it break through again, opening up a new round of upward space, or will history repeat itself, falling into a double top pattern after a false breakout, ultimately leading to a deep correction?