Recently, Bitcoin ( BTC ) price movement has shown a clear "triple top Beni structure", which typically indicates that a market reversal may be imminent. Currently, BTC has broken below a key trend line, suggesting that short-term upward momentum is weakening.

The current range between $122,000 and $122,500 is considered a typical false breakout zone. The market is at a critical point of transition between bullish and bearish forces, with the strength of the bulls' rebound gradually weakening, while the bears are looking for breakout opportunities.

Investors need to closely monitor the following key price levels:
1. First support level: $121,200 to $121,400 area, where there are previous low points and moving average support.
2. Second support level: the range of $119,800 to $120,000, which is the current key defensive position.
3. Upper resistance zone: $123,000 to $124,000, where there is significant selling pressure.

The market is currently in a typical "high-level fluctuation turning point". In this case, it is not advisable to blindly chase the pump or short in advance. A wiser strategy is to wait for the price to regain the trend line before considering establishing a long position. If it cannot break through, the current movement should be regarded as a pullback, focusing on a defensive strategy.

In the face of the current market, a rational investment strategy should be: do not blindly predict, but execute trades based on market signals. It may be wiser to maintain a wait-and-see attitude until clear bullish signals appear. Only when the market trend has clearly reversed should one consider adjusting the trading strategy.

Remember, it is crucial to stay calm and objective in trading. Do not be misled by short-term fluctuations, but focus on long-term trends and risk management.