Bitcoin surged to an all-time high of $122,000 on Monday, driving a broad rally in the crypto market! Ethereum broke through the key resistance of $3,000, and mainstream altcoins/competitors like XRP, SOL, and DOGE saw astonishing weekly gains (up to 30%+). This round of rise was driven by massive inflows of funds into the Spot ETF, large-scale short positions liquidation (over $1 billion), and favorable expectations from U.S. policies (the launch of "Crypto Week" in Congress). Analysts believe that if BTC holds above the $120,000 support level and the macro environment aligns, large cap alts have huge potential for further gains, with Bitcoin possibly aiming for a target range of $130,000 to $150,000 this year. Caution is needed regarding the risks of escalating global trade frictions triggered by Trump’s tariff policies.