The current price of Bitcoin is approximately $93,670, showing an upward trend recently, with a 24-hour increase of 5.91% and a 12.17% increase over the week.

Technical indicators show bullish signals, but there is a risk of overbought conditions, which may lead to a short-term correction.

Market sentiment is very positive, with social media and news reports indicating strong investor confidence.

In terms of policy, new SEC Chairman Paul Atkins prioritizes cryptocurrency regulation, which may create a favorable environment.

Research shows that institutional investment and exchange data support the price increase, but attention must be paid to global economic fluctuations.