The Bitcoin market has once again staged a thrilling scene. The originally expected support level of $121,300 was breached, and the market trend exceeded many analysts' expectations. A rapidly falling candlestick chart quickly pumped the price down to $117,400, and this dramatic price fluctuation is astonishing.

Although a single price movement cannot be the sole basis for investment decisions, this abnormal fluctuation undoubtedly signals a shift in market sentiment. The bullish forces may weaken in the short term, and market participants need to remain vigilant.

In this round of falls, many investors have suffered losses, which once again reminds us of the high-risk nature of the cryptocurrency market. Profit and loss are the norms of the market; what is important is to maintain rationality and a long-term perspective.

Currently, the market focus is on the closing situation of the four-hour K-line chart. Whether it can return above $120,000 will become a key indicator for assessing market trends in the short term. Investors should closely monitor this level while managing risks.

As the market continues to evolve, the future direction of Bitcoin's price remains full of uncertainty. Whether bullish or bearish, maintaining a calm and objective analysis is a necessary attitude for dealing with market fluctuations.