Bitcoin's realized capitalization has reached a record $890 billion, indicating strong investor confidence as both long-term and short-term holders increase their investments. Since March 2025, significant accumulation has occurred among large holders of Bitcoin, with those owning over 1,000 BTC increasing their positions markedly. This trend aligns with recent optimism in the market, especially following a brief price surge to above $97,000 on May 6, sparked by news of renewed trade discussions between the U.S. and China. Analysts suggest that if Bitcoin can successfully break through the resistance levels of $97,000 to $99,000 and establish them as support, it may pave the way for a rally towards $100,000, which many view as a psychological threshold rather than a strict resistance barrier. Notably, the number of whale addresses has also risen significantly, further demonstrating confidence in Bitcoin's growing value. Market analyses project that if the upward momentum continues, Bitcoin could potentially reach as high as $110,000 in the near future.

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