$ETH #ETH breaks 2500 Bitcoin recently returns to the 100,000 USD mark, mainly driven by the accelerated entry of institutions, expectations of interest rate cuts by the Federal Reserve, and global risk aversion sentiment. The expectation for BlackRock's Bitcoin spot ETF application approval is heating up, further attracting traditional financial capital inflows. However, the risks of price volatility, regulatory uncertainty, and diminishing market momentum after the halving still exist. Short-term spikes may be accompanied by technical correction pressure, while long-term trends will still depend on the evolution of the macroeconomic and policy environment.