#BTC突破99K The reasons for this breakthrough are mainly as follows:

- Capital inflow drive: The US spot Bitcoin ETF has seen over $4.6 billion in capital inflows over the past two weeks. In the week ending May 3, capital inflows into Bitcoin investment tools reached $1.8 billion, indicating a significant increase in institutional investors' interest in Bitcoin, providing strong capital support for Bitcoin's price breakthrough.

- Increased market confidence: Bitcoin's realized market capitalization has reached a historical high of $889 billion, showing that long-term holders' confidence in Bitcoin is strengthening. At the same time, short-term holders' realized losses have decreased to 1%-2% of the daily total, indicating that recent buyers are more willing to hold amidst price fluctuations, with selling pressure being minimal.

- Technical patterns supporting: Bitcoin has broken through a descending wedge pattern, which is a common bullish reversal or continuation pattern. Moreover, the weekly Relative Strength Index (RSI) is steadily rising and has crossed the signal line, currently hovering around 61, indicating strong upward momentum.