Bitcoin has been on a strong rise this year, with a cumulative increase of nearly 50% from the beginning of the year to the present. At the beginning of this month, it even broke through $70,000, driving the inflow of funds into related assets. Li Xueheng, Executive Director and Head of Distribution Sales Department of Southern Dongying Asset Management Co., Ltd., said in an interview that the bull market cycle that began at the beginning of the year was driven by the approval of spot ETFs in the United States, Bitcoin halving, and the end of the US interest rate cycle. He is optimistic that the future Bitcoin price can continue to rise. It is expected that there will be a period of adjustment of about 10 to 20 days after Bitcoin reaches a new high, and it is estimated that it can rise to $80,000 within one or two months. The next key level is $100,000.