Bitcoin (BTC) has shown strong performance recently, making multiple attempts to break through the key resistance level of 110,000 yuan, and market sentiment appears to be exceptionally high. From a technical perspective, Bitcoin has successfully stabilized above important moving averages, and trading volume is gradually increasing, with signs of a breakout becoming more evident. On the fundamental side, the Federal Reserve's loose monetary policy and the increasing acceptance of global crypto assets have further fueled market enthusiasm. If Bitcoin can successfully break through 110,000 yuan, it may attract more funds, triggering a new round of price increases. However, investors should remain cautious of market volatility, manage risks wisely, and avoid losses caused by chasing high prices.