Let me reiterate why 100,000 for Bitcoin is a psychological threshold. Take a simpler example: if you buy a luxury car worth 500,000, no matter how much you hype it up, no one will believe it's the best SUV under 5 million because it's not a luxury vehicle. However, once the price exceeds 1 million, you have to pay luxury car tax, which legally classifies it as a luxury vehicle. Currently, 100,000 represents a potential consensus for Bitcoin, as it has reached six figures, ETF legalization has occurred, financial attributes have strengthened, and centralized institutions are paying more attention to it.
