The price of Bitcoin has recently soared to $99,000, setting a new all-time high! 🎉 However, market expert Yu Jianing points out that Bitcoin may seek new support or resistance levels amid volatility in the short term. In the medium to long term, its price direction will be influenced by multiple factors such as global liquidity, economic outlook, and regulatory attitudes.

Due to the dispersed funding of crypto assets, the market is susceptible to manipulation by large funds, which may trigger phenomena like 'dumping' or 'pumping', leading to irrational behavior from retail investors. 🔄

OKX Research Institute Senior Researcher Zhao Wei reminds us that as market enthusiasm increases, so do risks and uncertainties. Investors should remain rational, closely monitor regulatory dynamics and market changes, and avoid blindly following trends. 📊