Bitcoin is approaching the historic $100,000 mark, driven by inflows into Bitcoin ETFs and institutional demand. Despite facing resistance from profit-taking, Bitcoin remained around $96,000 over the weekend and regained some momentum on Monday morning. Since the low point before the U.S. presidential election, Bitcoin has risen 47%, increasing 130% year-to-date, and its market capitalization has surpassed Saudi Aramco, making it the seventh largest asset in the world.

Meanwhile, the altcoin market has also reached new highs, with the Total3 index rising 23.2% last week, and large-cap altcoins like Solana hitting historic peaks. Speculative funds are shifting from Bitcoin to altcoins, signaling the arrival of the "altcoin season." However, with annualized financing rates exceeding 45%, short-term market volatility has increased, and investors need to remain cautious.