According to Samson Mow (@Excellion) on Twitter, Bitcoin reached a new all-time high of $109,770 on Bitfinex today, surpassing the previous ATH of $109,590. Despite this milestone, Mow emphasizes that traders should remain cautious as he believes the real bull run has yet to start (source: Twitter/@Excellion, May 21, 2025). For crypto market participants, this signals that current price action may be a precursor to larger moves, making it essential to monitor on-chain data, potential breakouts, and liquidity flows for strategic trading opportunities.