#BTC重返12万# Today's Market Analysis:
1. Short-term upward momentum is strong: Bitcoin broke through the psychological barrier of 120,000 dollars this morning, currently standing above 121,000, with bullish sentiment high. From a technical perspective, 115,700-117,200 dollars is a key support zone. If it holds above this level, it may subsequently challenge the historical high of 131,000 dollars.
2. Short Squeeze Alert: Market analysts warn that if BTC rises by another 10%, it could trigger $18 billion in short liquidations, leading to a "short squeeze" that could further drive up prices.
3. Ins
View Original1. Short-term upward momentum is strong: Bitcoin broke through the psychological barrier of 120,000 dollars this morning, currently standing above 121,000, with bullish sentiment high. From a technical perspective, 115,700-117,200 dollars is a key support zone. If it holds above this level, it may subsequently challenge the historical high of 131,000 dollars.
2. Short Squeeze Alert: Market analysts warn that if BTC rises by another 10%, it could trigger $18 billion in short liquidations, leading to a "short squeeze" that could further drive up prices.
3. Ins