#CryptoRoundTableRemarks Odaily reports According to the analysis from an analyst at CryptoQuant, over the past 24 hours, short-term holders have sold an average of about 21,000 Bitcoin through centralized exchanges (CEX), lower than historical selling pressure. This indicates that despite the rising price of Bitcoin, short-term holders are currently in a relatively quiet state and are not in a hurry to lock in profits. The analyst points out that 120,000 USD will become the next psychological milestone for many market participants. As the price approaches this boundary, profit-taking activity is likely to increase. A similar reaction has been observed multiple times whenever Bitcoin reaches whole number price levels.
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