Recently, the Bitcoin market has performed strongly, but investors should be wary of the potential upcoming pullback and washout. The market is always full of volatility, especially after experiencing a rapid rise, profit-taking may trigger significant fluctuations, with expected volatility potentially reaching several k points.

Although the medium- to long-term upward trend has not been broken, blindly chasing highs at this time undoubtedly carries huge risks. Investors should closely monitor the key support level of 115000. If this level can hold, the market is expected to continue creating new highs. However, if the support level is breached, investors should be mentally prepared for a pullback of about 10%.

In the current market environment, it is crucial to maintain rationality and caution. Investors should develop suitable trading strategies based on their own risk tolerance, avoiding the pitfalls of chasing highs and selling lows. At the same time, continuously monitor market dynamics and fundamental changes to be prepared for potential opportunities or risks.

Overall, although the outlook for the Bitcoin market remains optimistic, the volatility risk in the short term cannot be ignored. Wise investors should maintain long-term confidence while also having reasonable risk management strategies to cope with various market possibilities.