Odaily Planet Daily News QCP Capital published an analysis stating that Bitcoin experienced a brief pullback after breaking the $120,000 barrier, currently finding support at $114,000. As summer approaches, trading volume in the cryptocurrency market shows a seasonal slowdown trend. The US Dollar Index has decreased by 10% year-to-date, driving strong performance of dollar-denominated assets, including Bitcoin. Notably, Ethereum has shown relative strength, benefiting from SBET's treasury diversification efforts and other enterprises increasing their Ethereum accumulation. Analysts believe that a pullback of Bitcoin to $110,000 could provide a more stable consolidation basis for the current rebound, with the overall market still maintaining a structurally bullish stance.