📤Bitcoin has updated its historical maximum to $124,500 and has quickly stalled again. Another bearish divergence has appeared on the daily chart. At the same time, CryptoQuant notes a surge of euphoria among the crowd. Typically, such a rise in BTC purchases occurs around local peaks.

⚠️Overall, a slight correction is overdue. It is important that it remains short-term - it is still extremely undesirable to drop below $110,000. Otherwise, the chances of it turning into a long-term correction will significantly increase.#btc $BTC