When retail investors hesitate, market makers have already pushed the door to enter!

I believe that #BTC is expected to break through $120,000 this week.
From a technical perspective, BTC has formed a "stair-step upward" structure since bouncing from $110,000. Each round of adjustments has been quickly bought up, indicating that market makers are "switching hands at high levels." $118K has become a key short-term support; if it can maintain stability, it will trigger the upper liquidity absorption area, directly pushing towards $120,000.

The macro logic leans more towards bullish. The Federal Reserve hinted that the "economic slowdown is manageable," strengthening interest rate cut expectations, and U.S. Treasury yields have declined—this means lower funding costs, naturally favoring risk assets. Coupled with the stabilization of geopolitical situations, the market's demand for safe-haven assets is partially transforming into speculative enthusiasm, with Bitcoin becoming a "consensus emotional outlet."
On-chain indicators show that miner selling pressure is decreasing and the supply from long-term holders has reached a historic low, while on-chain activity is rising. This kind of supply-demand structure often signals a "breakout market."

Strategy recommendation: If BTC breaks through $119,800, you can go long, with targets at $122,000 and $124,000; if it falls below $117,600, then temporarily take profit and observe.
Every pullback in the current market is the market maker picking up chips. $120,000 is just a "false ceiling"; the real peak often appears after the retail investors cheer.