‼️May 22nd encryption major event ‼️

1️⃣BTC reached a maximum of 110,000 USD, setting a new historical high.

2️⃣WLFI announced the purchase of some B tokens to support the BUILDon team.

3️⃣Bitcoin surpasses Amazon to become the fifth largest asset by market value globally.

4️⃣Solana Mobile announces the Seeker device's trustless architecture and native token SKR

5️⃣World completed a $135 million financing through the sale of WLD tokens, which will be used for expansion in the United States and globally.

6️⃣Hyperliquid sets multiple data records with a historical high, 24H transaction fees amounting to 5.4 million USD.

7️⃣Movement insider Thapaliya reveals airdrop secrets, directly pointing at co-founder Cooper.

8️⃣ Bitcoin reached a new high on the 14th anniversary of "Bitcoin Pizza Day"; the Bitcoin used by the parties to purchase pizza is now worth nearly 1.1 billion dollars.

9️⃣ Bitcoin spot ETF saw a net inflow of $609 million yesterday. Ethereum spot ETF experienced a net inflow for four consecutive days, with a net increase of $587,100 yesterday.

🔟Global markets saw an increase in gold and Bitcoin, while U.S. stocks declined. Gold accelerated upward during U.S. trading hours, rising over 1% at one point during the day, and ultimately closing up 0.78%.

1️⃣In the past 24 hours, the entire network has liquidated 500 million dollars.
2️⃣Total Contract Positions in the Whole Network: 157.3 billion USD
3️⃣Total network transactions in 24 hours: 472.96 billion USD

‼️Cherish life, stay away from contract heavy‼️

Market Analysis📈📉

#BTC Bitcoin hit an all-time high last night, marking the official start of a new bull run. Judging from the current trend, the dominant force in this round of the market is obviously institutional funds, not retail investors. Most retail investors are still in a wait-and-see or short-term mode.

During the process of Bitcoin breaking through $110,000, institutions continued to increase their holdings, indicating a strong consensus on mid- to long-term value. This also confirms a core logic: smart money is actively betting on the future potential of Bitcoin.

In the short-term strategy, it is recommended that investors pay attention to the ripple effect driven by Bitcoin, including opportunities for mainstream coins, mid-tier coins, and some strong altcoins to catch up.

The main variable in the current market is whether BTC can stabilize above the $110,000 mark.
If it stands firm, it is expected that funds will start to rotate towards assets with higher Beta, forming a comprehensive upward trend.

However, it is important to note that if BTC experiences a sharp pullback, it may lead to the risk of a high-leverage long position liquidation, and contract users need to strictly control their positions.

Next key technical resistance level: $116,000.
Conservative investors are advised to focus on spot trading and make structural allocations by combining the phased rebound opportunities of altcoins.