Bitcoin has broken through its historical highs, reaching the significant barrier of $110,000. This is not just a numerical refresh, but a signal— the market's focus is being redefined.
Although altcoins seem to lag behind for now, historical experience tells us that once Bitcoin stabilizes, funds will quickly spread to other crypto assets, forming a situation of 'a hundred flowers blooming.'
But will reality really align with our wishes? Historically, when $BTC reaches new highs, the market is very active, but this time many people did not make money; it seems that Bitcoin's continuous rise has nothing to do with everyone. This is because most ordinary people do not actually hold Bitcoin; most of it is held by institutions. The majority of what retail investors hold are altcoins, and clearly, this time the altcoins have not risen.
However, there is no need for everyone to worry anymore, as some strong altcoins are expected to see a rise of 10-20% in the next few days, after which the market will begin to adjust, so everyone should take profits in a timely manner.
This round of increases cannot be separated from the push of macro policies. The issue of U.S. debt is escalating, with the $6 trillion in debt maturing in June becoming a huge pressure point for the U.S. government. If fiscal measures cannot alleviate this in time, a shake-up of the credit system is not mere talk. Many may feel that the country will not 'go bankrupt,' but looking back at the Lehman crisis and the collapse of regional banks, one will understand that this logic is not new—once a debt crisis ignites, the impact is chain-reaction.
What we are now seeing in terms of Bitcoin, stablecoin legislation, etc., is not random, but part of a political and financial game. Although the Federal Reserve has the 'printing press' for dollars, it is essentially a private financial institution, and its influence is not directly controlled by the government. This also explains why some forces want to use stablecoins to achieve a sort of 'recovery' of the right to issue currency.
When the wind truly arrives, the market will naturally become lively, with capital, emotions, and narratives being pushed to a climax. It can even be said that, during certain phases of a bull market, even if you are just 'chives,' you might taste the flavor of meat—because to harvest you, you must first fatten you up.
In addition, Hong Kong's Futu NiuNiu plans to launch BTC and ETH spot trading, which indicates that traditional capital markets are gradually embracing crypto assets. With regulatory easing and channels opening up, all these signals point toward one trend: the wind is really coming.
With Bitcoin breaking new highs, major media are continuously reporting, and I believe more and more people will join this high-risk yet opportunity-filled circle in the short term. These are all very good signals, and I wish everyone in the crypto space a decent profit, while being sure to avoid risks.
