$BTC ⚠️ BTC 120k – Profit-taking pressure is building up!
BTC has just reached the psychological milestone of 120k – a historically strong resistance zone.
• Buying volume shows clear signs of weakening
• 1H RSI > 90, extremely overbought
• Funding rate still heavily favors the long side → very high risk of a short squeeze
If it breaks below the 118.5k level, the market could quickly slide to 112–110k in just a few sessions.
You should look for a good short entry, with a tight stop loss, to capture this correction.