BTC/USDT = 121,048 (+2.54% for the day)

RSI (6) ≈ 76.49 — this is already in the overbought zone, which means the likelihood of an upward correction is limited, and a downward pullback may be closer.

MACD has crossed to the bullish side, confirming the current rise.

Parabolic SAR (points below) — indicates an upward trend.

Daily timeframe candles are currently after a strong impulse, and trading volume has noticeably increased.

📈 Growth potential (if bulls maintain the level)

Upon breaking 122,300–122,500, we could reach 123,200–124,000 (maximums for the last few days).

📉 Risks of decline (if profit-taking begins)

First support — 119,500–120,000

Stronger support — 117,900 (minimum for the last 24 hours)

If we break below, the target could be 116,300

💡 The current picture is as follows: there is an impulsive rise, but RSI is already overbought, so there is a high probability that large players will start taking profits in the coming hours or day. For growth to continue, volumes need to remain high and there should not be strong red candles on the daily chart.