To summarize the teachers' viewpoints from yesterday:

One group believes that 125,000 is the peak of this bull market for BTC, after which a periodic decline will begin, although some altcoins may have independent movements, including expectations for fundamental improvements in Ethereum.

The other group believes that we are currently in the mid-stage of the bull market, and there will definitely be a new high later, targeting between 140,000 and 150,000.

My personal view: Rome wasn't built in a day; even if a bull-to-bear transition leads to a major peak, it still requires a secondary level of resonance. You can't catch the first sell-off; you can only escape during a second sell-off wave. Purely from a right-side structure perspective: the bull market is still ongoing, but there is a high probability of maintaining oscillation in the third quarter, requiring a long time to digest the deviation rate of indicators.