From the daily perspective, Bitcoin has reached a historical high in the short term, followed by a pullback. This is likely due to profit-taking. However, there is support from the MA10 moving average below, and it is also at the integer level of 120,000. Therefore, the pullback space is limited, and it is expected to pull back to around 120,000 at most. After adjusting and consolidating, it will continue to challenge the previous high of 126,000 resistance level
