Bitcoin prices have recently continued to rise, breaking through the $120,000 mark, attracting widespread attention in the market. At the beginning of this week, investors generally maintained an optimistic attitude towards the crypto assets market.

From a technical analysis perspective, Bitcoin's current key support level is around $121,950. As long as the price can stabilize above this level, the bullish trend is expected to continue. If it can maintain its strength, the next step may challenge important resistance levels of $122,300, $122,750, or even $123,200.

However, investors should also be wary of potential pullbacks. If the price falls below the support level of 121950 dollars, 120900 dollars and 120600 dollars will become potential buying opportunities. These levels may attract more bulls to enter, pushing the price back up.

Although market sentiment is optimistic, investors should still act with caution. The Crypto Assets market is highly volatile, and it is recommended that investors closely monitor market trends and manage risks appropriately. At the same time, it is also important to note that changes in the regulatory environment may have a significant impact on the market.

Overall, the current Bitcoin market shows a strong pump momentum, but investors still need to remain clear-headed and manage risks to cope with potential market fluctuations.