#BTC# According to recent market dynamics and institutional analysis, Bitcoin (BTC) is currently facing short-term falling pressure, but the long-term trend is still widely optimistic. Here are the key analyses based on the latest information:
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### ⚠️ **1. Possibility and Driving Factors of Short-term Fall**
1. **Overbought Technicals and Key Resistance Levels**
- Bitcoin has recently encountered resistance around **$120,000**, triggering a pullback after multiple failed attempts to break through.
- Analyst PlanB pointed out that Bitcoin's **Relative Strength Index (RSI) is close to 75