The Bitcoin market is showing a positive trend today. Last night, the Bitcoin price successfully broke through the $123,500 mark and is currently stabilizing above $123,000. On the technical side, a golden cross pattern has appeared on the daily chart, indicating strong upward momentum and the potential to continue challenging new highs.

For investors, the current market offers some potential opportunities. If the price pulls back to the range of $122,500-$123,000, it may be worth considering gradually establishing a long position. It is recommended to set the stop-loss level at $121,500, with a target price locked in at $125,000. If this level is broken, the long-term target can eye $130,000.

For more aggressive traders, if Bitcoin can firmly stay above $123,500, it may be worth considering a small position, with a target range of $125,000-$126,000.

However, despite the optimistic market sentiment, investors should remain vigilant about the risk of short-term pullbacks. It is recommended to adopt a light position strategy and strictly adhere to stop-loss discipline. At the same time, closely monitor the trends of the U.S. stock market and changes in macroeconomic data, as these factors may have a significant impact on the cryptocurrency market.

Overall, the current Bitcoin market presents both opportunities and risks. Investors should develop appropriate trading strategies based on their risk tolerance and investment goals. At the same time, keep a close eye on market dynamics and adjust investment plans promptly to adapt to the rapidly changing cryptocurrency market.