Recently, the Bitcoin market has stirred up once again. Starting from 10 PM last night, the price of Bitcoin has shown a rising trend across the board, and is currently close to the key level of 116,800. Although there have been obvious signs of turnover in the market after the surge, the energy of longer investors does not seem to have been fully released.

Analysis indicates that after a brief overnight adjustment, Bitcoin is likely to challenge higher price levels again. However, this rising cycle may last longer than expected. Market observers anticipate that the next opportunity to hit the 118,000 mark may occur this Sunday or next Monday.

It is worth noting that although the current market sentiment is positive, investors should remain cautious. The rapid rise in Bitcoin prices is often accompanied by high volatility, so it is essential to fully consider the risk factors when making investment decisions.

As the price of Bitcoin continues to rise, we have also seen an overall increase in the activity of the cryptocurrency market. This not only reflects the growing confidence of investors in digital assets but may also indicate that broader applications of blockchain technology are on the horizon.

In any case, this round of Bitcoin's rise has undoubtedly injected new vitality into the cryptocurrency market. We will continue to pay attention to market trends to bring readers the latest and most accurate analysis reports.