U.S. President Donald Trump has launched a new round of tariff offensives, causing turbulence in the U.S. stock market, while Bitcoin long positions are preparing for a new wave of rising market. Bitcoin has broken free from a two-month slump, surpassing $118,000 for the first time on Friday, and some options traders are even targeting $150,000. The rise of Crypto Assets is very broad, with many Tokens including Ether and Cardano experiencing significant gains.

From the reflow of ETF funds to the announcement by the U.S. Congressional Committee that next week will be "Crypto Assets Week," various signs indicate that the crypto market is developing in a positive direction. This momentum has put immense pressure on short positions, with over a billion dollars worth of Bitcoin short positions being liquidated in just 24 hours.

Traders and fund managers are trying to interpret this sudden rise in the market, proposing various triggering factors, including the appeal of Bitcoin as a safe haven during trade turbulence, the influx of retail funds, and various technical catalysts. Several market observers have stated that the decrease in volatility over the past two months and the continuous positive news from U.S. regulation have laid the groundwork for a sustained rise.