BTC touched a high of 124,000 yesterday, setting a historical record and surpassing Google's market value, with momentum at its peak. However, as soon as the U.S. inflation data was released, the market immediately hit the brakes, and it's now dropped to around 118,000. This wave of volatility is truly exhilarating.
ETH also surged, reaching a peak of 4,780, just a step away from its previous high, but similarly dragged down by the sudden market shift, currently priced around 4,500.
Nonetheless, the bullish sentiment remains, but with this back-and-forth pull, those chasing the market need to be mentally prepared. It's best to enter in batches and not overcommit, leaving some room for maneuvering.