Bitcoin has broken the $110,000 mark during the Asian trading session, contrasting sharply with gold. Although there may be short-term volatility, the foundation for this round of increase is extremely stable, with little speculation and very strong fundamentals.

After reaching a high and pulling back, 1,000 contracts of the $130,000 call options expiring in September were bought, indicating that the market bulls are very aggressive. With relaxed U.S. regulations, continuous inflows of institutional funds, and support from STRF, it feels like Bitcoin will continue to push forward.