BTC☀BTC from the daily chart perspective, a strong resistance has clearly formed near 123500, with multiple attempts to surge having ended in failure. Influenced by the Fed's interest rate cut expectations, the recent upward trend has been fierce, but the momentum is now nearly exhausted, requiring a pullback to regroup for another rise to challenge previous highs. This is just my personal opinion; given the current level of increase, I would rather take short positions than chase rising prices, and by short, I mean BTC and a certain trading platform's token.