The US economy remains steady + risks are returning, how can Bitcoin break through the $98,000 mark?

【BlockBeats】Recently, there has been an interesting trend in the market: US employment data remains stable, inflation is under control, and risk appetite has rebounded across the board. Risk assets such as stocks, precious metals, the US dollar, and cryptocurrencies are all rising. Tensions continue in Venezuela and Iran, pushing up crude oil prices, but overall market sentiment remains calm and resilient.

What are investors pondering now? The expectation of Trump taking office. The market generally anticipates that he will try to push up asset prices by releasing liquidity and adopting a tough stance on the US, thereby supporting US assets and creating an atmosphere of “risk opening” globally. Against this backdrop, Bitcoin failed to break higher several times but finally surpassed $95,000—finally meeting expectations.

There is a mechanism worth noting: if precious metals continue to gain favor due to currency devaluation, Bitcoin’s relative advantage as an alternative asset could shine again, attracting funds back into digital assets.

But don’t forget the risks. The Supreme Court’s tariff ruling has yet to be announced, and geopolitical tensions could escalate at any time. However, based on price performance, the market has already priced in most of the risks. Before a true shock event occurs, any pullback is essentially a low-entry opportunity.