$BTC Market Analysis：
The recent rise in Bitcoin isn't over yet. From a technical perspective, it hasn't reached the point of "stopping". The recent pullback looks more like a breather after a surge, rather than a reversal downward. The key now is whether the range of 118,000-118,500 can hold—if the price stabilizes here without falling, the bulls might continue to push higher; if it breaks below, we may have to wait a bit longer.
In terms of action, those looking to buy the dip can wait for the price to fall to around 118,000-118,500 before entering, rather than rushing to chase highs. The initial target is 120,000; if it can continue upward from this level, then look for 121,000. However, keep an eye out: the area around 120,000 is where many people were previously stuck; if it breaks out with volume here, the upward potential might be larger; if it struggles to rise and starts to drop, it might be wise to withdraw some positions.
The trend is still intact, but don't chase blindly; wait for a pullback to key support levels before taking action, to be more cautious.
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