Recently, the market has seen a remarkable turning point. Influenced by dovish remarks, Bitcoin bullish investors have regained confidence, pushing the price up rapidly by about 5000 points. This breakthrough is not only significant but also shows a stable trend, making the price level of 115000 dollars a new support level.

The current market sentiment is leaning towards optimism, with bulls in a dominant position. Analysts predict that the price of Bitcoin is expected to reach around $118,500 in the short term. The area around $115,500 is seen as an ideal buying point, and investors are closely monitoring the movements in this region.

The sustainability of this surge has sparked widespread discussion in the market. Some observers believe that this may signal the beginning of a new bull market for Bit. However, some experts also remind investors to remain cautious, as the volatility of the cryptocurrency market is still very high.

Regardless, the current market trend undoubtedly brings new opportunities and challenges for Bitcoin investors. As prices rise, more and more investors and institutions may reassess their cryptocurrency strategies. In this vibrant market, timely grasping trends and managing risks will become the key to success.