Starting from 87,300 at the beginning of the month, Bitcoin has risen all the way to around 98,000. Over more than ten days, the market has fully followed a bullish trend. The direction was clear early on, and the trend indeed did not disappoint, with the entire upward movement approaching an increase of over 10,000 points.

To be honest, the logic behind this wave of market movement is not complicated. Institutions have been continuously increasing their holdings of spot ETFs, and on-chain data and capital flows clearly show that large funds are entering the market. This is why we remain firmly bullish — not based on guesswork, but on judgments made from market capital flow and the underlying logic of cryptocurrencies.

Many people were still hesitant and watching at that time, but we seized this momentum. The current consensus is very clear: institutional positioning is still ongoing, and there are no signs that the bullish trend has changed. Next, we continue to look towards the 100,000 mark, and simply holding onto each wave of the market that belongs to us is enough. There are always opportunities in the market; the key is to find the right direction and keep up with the rhythm.