From an hourly perspective, the BOLL bandwidth has suddenly widened, with the upper and middle bands rising at a high slope simultaneously. A slight overbought condition has appeared in the short term; however, bullish momentum has not yet exhausted, and the K-line is operating close to the upper band. The strategy remains 'buy on dips', with key support levels to watch at 121000 and 120000.

When the price retraces to the 121200 – 121600 area, accumulate positions in batches, with the first target at 122500 – 123000; if there is a significant breakout above 123000, the stop-loss can be moved up, continuing to look towards #加密总市值创历史新高 #BTC重返12万 .