btc

1. All-time high and correction This week, Bitcoin reached a new all-time high near $124,474. However, the strong rise did not hold: it pulled back nearly 8%, leaving the price hovering between $115,000 and $119,000.
2. Market sentiment and major movements A disarmament of over $1.8 billion in long positions has been observed, reflecting a shift in sentiment towards caution. Large 'whales' sold 30,000 BTC (approximately $3.45 billion), applying additional selling pressure. The support level at $115,000 is in focus, and if it breaks, we could see a drop towards $112,526, although a possible bounce up to $117,261 is also under consideration.