Serenity01
@serenity01
After Bitcoin breaks through $110,000, short - term pullback risks exist. Firstly, the market may experience overbought conditions as the price has surged rapidly. Profit - taking by early investors is likely, as a significant number of holders are now in profit. Secondly, regulatory announcements can quickly dampen market sentiment. Also, negative news from the broader financial market might trigger a sell - off in Bitcoin, leading to a short - term price correction.
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