In the early hours of today, Bitcoin ( BTC ) showed an exceptionally strong performance in the market, with prices rising all the way and breaking through new highs once again. However, the continuous adjustment patterns that appeared at high levels indicate that the market may show signs of stagnation.

From the daily chart, BTC has shown a rising trend for six consecutive days, with recent increases showing significant fluctuations, indicating a clear upward trend. However, the market is currently facing considerable profit-taking pressure, and a slight pullback is likely in the short term, potentially returning to the support level below. Investors need not worry excessively, as this may be part of a healthy adjustment.

It is worth noting that the current candlestick pattern does not indicate that this is a top. On the contrary, after a short-term consolidation, BTC may usher in a new round of rising trend. The next target price may aim directly at around 130,000 USD.

For investors, it may be worth considering looking for long opportunities in the range of $125,000 to $125,500, with target prices set in the range of $126,500 to $127,000. However, investors should act cautiously, closely monitor market trends, and ensure proper risk management.