Bitcoin traded above $110,000 for a second day, up over 1% in 24 hours, supported by an altcoin rally.DeFi tokens UNI (+24%) and AAVE (+13%) surged following positive comments from SEC Chair Paul Atkins.Market sentiment remains cautious despite price gains, with low funding rates typically seen at bottoms.While Bitcoin hits $110,000, skepticism exists about the sustainability of the breakout and potential for a continued upward trend.