Wu said that QCP's latest report indicates that Bitcoin has broken its historical high this morning, reaching $97,900, driven by institutional capital inflows and increased corporate attention to crypto assets. Strong demand for call options in January, March, and June has been observed, showing the market's strong confidence in the long-term outlook. The net inflow of Bitcoin ETFs in the past three days has reached $1.84 billion, and the net inflow of U.S. ETFs this year has exceeded $29.4 billion, becoming a major force driving Bitcoin capital inflows. Against the backdrop of further easing of global central bank monetary policies, Bitcoin prices are expected to remain strong by the end of the year.