Bitcoin has shown strong performance recently, and market sentiment is high. Several favorable factors are driving the price of Bitcoin, which has now surpassed the $117,000 mark, with funds continuously flowing in. The regulatory environment in the United States is gradually becoming clearer, including the investment of 401(k) pension funds in Bitcoin and the advancement of stablecoin legislation, all indicating an official shift in attitude towards crypto assets.

This is not just a simple price rise, but a re-evaluation of Bitcoin's value by the entire financial system. With institutional acceptance, Bitcoin is gradually moving towards the central stage of the mainstream financial market.

Market analysts generally believe that by the end of the year, Bitcoin is likely to challenge the high of $170,000. On-chain data shows that funds are flowing back in large quantities, which may indicate that a new bull market cycle is about to begin.

For investors who are still waiting on the sidelines for a pullback, it may be time to reassess the timing of their entry. The current market trend seems to indicate that the real rise may have just begun.

However, investors should remain cautious and closely monitor market changes and potential risks. The crypto assets market has always been highly volatile, and any investment decision should be based on a thorough understanding and risk assessment.