Bitcoin is back in the headlines!

Recently, with BTC rising to the level of $122,400, the market has entered a "new peak" atmosphere. This is not just a price movement, but also a strong signal that the market's risk appetite has returned.

🔹 Technical Outlook
• Main supports: $117,000 – $113,500
• Critical resistance: $124,000 - $130,000 range
If this region breaks, the target for the rise could be $135,000+.
Although the short-term RSI is high, the increase in volume indicates that the trend is progressing healthily.

🔹 On-Chain Data
• Exchange inflows have decreased, indicating that selling pressure has fallen.
• Whale purchases are increasing, especially there is a net accumulation in wallets above 1,000 BTC.
• The number of active addresses is on the rise again, which is a sign of market vitality.

🔹 ETH and Altcoins
ETH is trading around $4,900.
If closing prices above $5,100 combine with BTC's momentum, it could ignite the fuse for the altcoin season.

🔹 My Opinion
I think this rise is not only a technical movement but also a return of confidence.
I believe that this momentum is sustainable when ETF inflows, declining exchange reserves, and strong on-chain data combine.
But as always: it is important not to forget to take profits and manage risks.

Note: This post contains my personal opinions and is not investment advice.
#Btchitsnewhigh