The Crypto Assets market has once again stirred today, with the price of Bitcoin (BTC) breaking the 120,000 mark at 10 AM, and then quickly rising to 122,000, demonstrating a strong pump momentum. This astonishing rise has sparked heated discussions in the market about whether Bitcoin will reach 130,000 within this week.

Behind the market, the global financial market's attention to Crypto Assets continues to rise. There are reports that some large asset management companies are considering increasing the weight of Bitcoin in their portfolios, which undoubtedly injects strong confidence into the market. At the same time, the policy environment has also seen positive changes, with some countries gradually shifting their regulatory stance on Bitcoin from strict restrictions to cautious observation and limited acceptance, further boosting market sentiment.

From a technical analysis perspective, there is currently little resistance above Bitcoin. The hourly candlestick chart shows that the previous key resistance level has been broken, the moving average system is in a bullish arrangement, and the MACD indicator is continuously diverging above the zero line, all indicating that bullish forces are dominant.

However, we must remain vigilant. The Crypto Assets market has always been highly volatile, and market sentiment can change unpredictably. Without sustained positive support or in the face of sudden negative factors, the Bitcoin price could still fall below $120,000. Investors should closely monitor market trends and rationally assess risks and opportunities.

Overall, the current Bitcoin market shows a strong pump trend, but investors still need to respond cautiously and allocate assets reasonably to cope with potential market fluctuations.