The Bitcoin market has recently shown strong upward momentum, breaking through several key resistance levels and attracting widespread attention. In the macro environment, the Federal Reserve's monetary policy is easing and market risk aversion demand is increasing, providing strong support for Bitcoin. At the same time, large institutions continue to invest in crypto assets, further strengthening market confidence. On-chain data indicates a decrease in miner selling, with the proportion of long-term holders reaching a new high, revealing supply tightness. Furthermore, with the widespread application of blockchain technology, Bitcoin's value is being recognized in more fields. With multiple positive factors combined, Bitcoin is expected to enter a new upward cycle, attracting more capital to enter the market.