#BTC It is said that the bull is coming, but the death line for Bitcoin is 122,000.

This surge in ETH is overheating, with funds flowing out, Bitcoin was blocked at 122,000 but stabilized after retracing to 118,000. It is highly likely to attempt 122,000 again.

The thought process is as follows:

• Stabilize above 122,000 → Targeting 130,000 / 140,000

• Rejected again → Then we need to adopt a bearish mindset, likely leading to a deep correction and re-testing 111,800.

• If it can't hold above 120,000, it will directly test downwards.