Bloomberg's analysis suggests that the possibility of Paul Atkins becoming the new chairman of the US SEC may have an impact, with Bitcoin rising 6% on Wednesday, reaching $97,361 at one point. Ethereum surged more than 10% intraday, and analysts predict that BTC may short-term break through 0.1 million US dollars:
1. Wintermute OTC trader Jake Ostrovskis said, "The market is in the price discovery stage, the recent decline in the past few days seems to be a healthy pullback, possibly driven by profit-taking. Traders believe that the level of 0.1 million US dollars is likely to be broken."
2. Nikolay Karpenko, a director at B2C2, pointed out that the earlier drop in Bitcoin this week was tactical, and Bitcoin is likely to break through 0.1 million US dollars soon.