Bitcoin Breaks $100,000: Driving Factors and Market Sentiment


Bitcoin has broken through $100,000 as expected, driven by a strong bullish trend in the US stock market. The rise in US stocks has directly pushed Bitcoin's price upwards. At the same time, the digital currency market has also shown positive liquidity, with net inflows into Bitcoin ETFs reaching 7,800 units, all of which provide strong support for Bitcoin's breakthrough of $100,000.


Technical Aspect: Challenge of the Head and Shoulders Pattern


On a technical level, although Bitcoin has broken through the key psychological level of $100,000, attention must still be paid to the formation of the right shoulder of the head and shoulders pattern. The right shoulder may not necessarily form, after all, Bitcoin has broken through the previous key resistance level of $100,000, and these price level breakthroughs can be viewed as a boundary between bulls and bears.


Furthermore, the position of $100,004 is at the Fibonacci 0.782 level. If Bitcoin can firmly hold above this position, the probability of reaching a new high in January or breaking through recent highs will significantly increase.

Altcoin Sector Rebounds and AI Ecosystem Rises


Trump Concept Memecoin Surges Rapidly


Trump was officially confirmed for re-election as M G president on January 7, and the related crypto tokens have experienced a new round of increases. The TRUMP token has risen over 80% in the past three days, while MAGA and TRUMPCOIN have seen increases nearing 100%. Although these gains have speculative properties in the short term, the Trump administration's crypto-friendly stance brings broader positive expectations to the market.


AI Concept Coins Continue to Strengthen


At CES 2025, artificial intelligence once again became the focus of the tech field, with AI concept cryptocurrencies also strengthening. WLD, RENDER, and IOTA achieved increases of 10%, 8%, and 6%, respectively. AI16Z saw a short-term increase of over 25%, and AIXBT's price broke through 0.55 USDT again. The market shows high attention to the long-term potential of the combination of crypto technology and artificial intelligence.


AI Agent Dominates Market Narrative


Key Performer: $VIRTUAL, an AI agent launching platform based on Base, has doubled its market value from $2.5 billion to $5 billion within 10 days.


Other projects in the ecosystem:


$AIXBT: Twitter-based agent, grew from $300 million to $600 million;


$GAME: close to $400 million;


$AI16Z (based on Solana): increased from $1 billion to $2.5 billion.


Other noteworthy projects include:


$ZEREBRO ($800 million), $GRIFFAIN ($470 million), $ARC ($400 million).


AI agents are leading a new wave of innovation, attracting significant investment and attention.