Odaily Planet Daily News 🌟 The Bitcoin market has been turbulent recently! Matt Maley, the chief market strategist at Miller Tabak + Co, points out that as Bitcoin approaches the $100,000 mark, market sentiment has become exceptionally optimistic, but perhaps it is time to take a breather. Since the Republican victory on November 5, the total market value of digital assets has surged by about $1 trillion, which is remarkable.

Meanwhile, David Lawant, the research director at FalconX, has observed that as Bitcoin nears this critical price point, selling pressure has intensified, and it may consolidate at this level in the short term. Stephane Ouellette, the CEO of FRNT Financial Inc., also stated that Bitcoin has been in an overbought state since the election, but the current market adjustment is not significant, simply returning to the levels seen in the middle of last week. 📈