Recently, Bitcoin's price movement has indeed attracted attention. After briefly falling below $90,000, it started to rebound from January 4th and reached a new high in the past 7 days. The interesting aspect of this rebound is that—even with frequent external risk events—the market's liquidity-bearing capacity seems to be more resilient than expected.

From a technical perspective, during this rally, the price has regained support at key levels. Many market participants believe that the current liquidity conditions have a strong ability to absorb risks, which provides a foundation for subsequent gains. Based on this logic, whether Bitcoin can eventually reach the $1 million target seems less like a question of if and more like a question of when.

Of course, turning predictions into reality will require time for verification. But from the current technical and liquidity performance, this path is indeed worth paying attention to.