Recently, the Crypto Assets market has attracted attention once again. The Bitcoin price experienced a pullback after reaching a high of $123,300, sparking market discussions.

Analyst Leili accurately predicted this trend in his latest market commentary. He previously pointed out that when the Bitcoin price reaches the range of $123,000 to $124,000, the market may experience a pullback to digest short-term profit-taking. It turns out that the market trend highly aligns with his expectations.

Currently, the price of Bitcoin has fallen more than $1,000 from its peak. However, Leili believes this is just a normal price adjustment and not a signal of a significant downturn. He emphasized that as long as the price does not drop below $114,000, the bullish trend remains intact.

For investors who have already built positions, Reilly suggests cautious position management and timely profit-taking. This advice reflects the importance of risk management in the highly volatile Crypto Assets market.

Despite the short-term pullback, Bitcoin's breakthrough of the $120,000 mark remains an important milestone, reflecting the market's confidence in the continued growth of this leading Crypto Asset. However, investors should also keep in mind that the Crypto Asset market is highly volatile and requires cautious handling and effective risk management.