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