Lingrid | BTCUSDT Round Number Rejection Pullback Expected

The price perfectly fulfilled my previous idea. BTCUSDT is facing rejection near the 125,000 resistance after reaching a new all-time high. Price action shows exhaustion at the top boundary of the rising channel with early signs of retracement. A close below 123,000 may confirm a deeper correction toward the 120,000 support zone. Momentum suggests sellers are attempting to take control following the extended bullish rally.

⚠️ Risks:

• A sustained move above 125,000 could invalidate the bearish setup.
  
• Strong institutional buying or ETF inflows may renew bullish momentum.
  
• Softer U.S. economic data could weaken the dollar, supporting crypto recovery.

If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!