Bitcoin's Continuous Rise Stalls, Entering a Cooling-Off Period from Short-Term Overheating, According to Experts

In its analysis on the 30th, QCP Capital pointed out that Bitcoin (BTC) is struggling to maintain and break through the $120,000 level. Although buying pressure continues around $116,000, the resistance overhead remains firm. Ethereum (ETH) is also losing its upward momentum just before the psychological milestone of $4,000, with momentum indicators shifting to a neutral zone. QCP analyzed that the possibility of updating new mid-term highs remains high due to continuous capital inflows from institutional investors and favorable regulatory developments. Companies like Strategy and SharpLink Gaming continue to raise funds for purchasing Bitcoin and Ethereum...