The current price increase of Bitcoin is mainly affected by the approval of the listing of spot ETFs, the Bitcoin "halving" in April, the Federal Reserve's interest rate cut, the improvement of global macroeconomic expectations, and the dynamics of the financial derivatives market. The entire market is optimistic about the subsequent trend of Bitcoin. .
In the short term, the price of Bitcoin is still very likely to rise further, and there will be some room for growth. In the long term, as the Bitcoin consensus further expands, more and more institutions and individuals will use it as an asset management and allocation tool. Therefore, its price will inevitably rise further in the long term.