#BTC重返10万

Bitcoin has surged to $101,000! What should we do now? Let’s briefly talk about it

Brothers! Bitcoin has recently shot up to $101,000 (that's right, six figures!), and I'm sure many people are both excited and anxious. Here’s a quick rundown of what’s going on and what we ordinary folks should do👇

Why the sudden surge?

1️⃣ Big institutions are going on a buying spree: Several Bitcoin ETFs in the US (like ARKB, FBTC) are raking in money every day, and institutional big shots are really willing to buy. Current total holdings have exceeded $110 billion!

2️⃣ Bank interest rates are too low: The Federal Reserve refuses to lower interest rates, keeping money in the bank is worse than investing in Bitcoin, after all, it’s a bet that it can withstand inflation.

3️⃣ International situation is chaotic: Recently, India and Pakistan have been in turmoil, and some people feel that gold isn’t exciting enough, so they turn around and buy Bitcoin to avoid the storm.

What’s the current situation?

In the short term, it may go higher: Technical analysts say that stabilizing at $94,000 could lead to a jump to $110,000, but around $100,000, there will definitely be people wanting to sell, after all, they’ve made over three times their profit, so don’t blindly chase!

Margin call warning: $400 million was liquidated in 24 hours (all are leveraged traders), and price volatility is fiercer than a roller coaster, so be cautious!

What should ordinary people pay attention to?

🔥 Don’t get too excited!: Right now, 82% of people are making money, but if a collective sell-off happens, it could drop back to $90,000 in no time.

🔥 Policy uncertainties: The US says it wants to hoard Bitcoin as a strategic reserve, but if they change their mind or suddenly impose regulations, the market will definitely shake.

🔥 Esoteric risks: Scientists say that in the future, quantum computing could crack old wallets (though that’s still far off), but long-term monitoring of technological upgrades is necessary.