On May 16, according to Matrixport Investment Research Report, Bitcoin has recently rebounded to the upper edge of the shock range (US$106,000), and the market expects it to break through historical highs. A number of positive factors have driven market sentiment to recover, including a rebound in U.S. technology stocks, increased investment in AI infrastructure, and Trump's new policies to boost market confidence. At the same time, technical trend models show that the market has shifted from a downward trend to an upward trend. Matrixport believes that Bitcoin may usher in a favorable trading window before July, due to factors such as the end of the 90-day tariff armistice, the start of the second quarter earnings season and the peak of liquidity. In addition, FTX is expected to start the debt repayment process around May 30, or release approximately US$5 billion in stablecoin liquidity. This part of the funds may re-flow into the crypto market, resonating with the inflow of Bitcoin ETF funds. Matrixport has maintained a bullish stance since mid-April. Although Bitcoin has risen by about 25%, it still believes that its upward momentum has not been exhausted and the market is expected to continue into the summer.