最新报道：According to Bijie.com, on October 7th, legendary investor Paul Tudor Jones recently pointed out that the combination of the Federal Reserve's renewed easing policy and massive fiscal deficits could trigger a US stock market rally even more dramatic than that of 1999. He expects the short-term market to maintain strong momentum, but warns that the market is entering a high-risk phase in the late stages of the bull market. From a macro perspective, the synergy between easing policy and fiscal deficits means ample liquidity, and risky assets are once again becoming a safe haven for capital. The continued rise in valuations of AI and tech stocks has driven capital outflows into inflation-protected assets such as Bitcoin and gold. However, the speculative atmosphere, similar to that of 1999, has also led to a period of "boom and anxiety" in the market, with volatility and valuation expansion being simultaneously evident. In the crypto market, BTC liquidation prices are primarily concentrated in the $107,000-$108,000 and $121,000 ranges, with the current price hovering around $124,000. Short-term support is expected at $112,000, with secondary support around $100,000. Liquidation hotspots and resistance zones are located around $126,000. If retail investor FOMO intensifies, BTC could quickly test the resistance zone, but the risk of a liquidation wave will also increase, and short-term volatility is expected to increase significantly. Bitunix analysts believe that the core logic of this bull market has shifted from being driven by fundamentals to being driven by liquidity and sentiment. Market confidence in AI and loose monetary policy is driving price increases. The key question for investors is not whether to participate, but when the risks begin to outweigh the rewards. The climax of this speculative frenzy often heralds a shift in market structure. Bitcoin investors should pay close attention to the liquidation pressure at $126,000 and the support level at $100,000, while also practicing effective risk management.