Odaily Planet Daily News Greeks.Live released a community briefing, which pointed out that: Although some people warned that Bitcoin is about to see a 15-20% correction, the group is generally bullish and expects the upward momentum to continue. Key levels of attention include the immediate support level of $110,000, the near-term target level of $120,000, and the long-term target level of $150,000-200,000. Negative funding rates indicate that despite the market rebound, many people are still shorting. Many traders are buying protective put options while remaining bullish overall, expecting that prices may fall back to the $100-103,000 range before continuing to rise.