The current Bitcoin price of #BTC突破99K is approaching the key psychological and technical resistance level of $100,000, and the breakthrough of this milestone is influenced by multiple factors. Although the Federal Reserve has kept interest rates unchanged, if Powell sends dovish signals, it may stimulate a rise in risk assets. Historical data shows that expectations of interest rate cuts often drive Bitcoin to break through key resistance levels. Trump mentioned reaching a significant trade agreement with 'respected nations,' which the market interprets as potentially easing geopolitical tensions and boosting risk appetite. Recent on-chain data indicates a significant increase in active addresses and whale trading volume, with MVRV returning to a healthy range, suggesting that large holders are accumulating positions to support price increases. The surge in open positions for $300,000 call options reflects strong market expectations for a breakthrough. If the price breaks through $100,000, it may trigger large-scale liquidations of short contracts, accelerating the rise. The current market is in a critical game period, and breaking through $100,000 requires the resonance of institutional funds and sentiment.
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