As night falls, the cryptocurrency market seems to be brewing a major shift. Market participants are focusing their attention on the Bitcoin price range between $113,000 and $108,000, anticipating significant volatility.

Many investors have positioned themselves at the price level of $123,000, eagerly awaiting the next move of the market. This collective action reflects the confidence of investors in the upcoming market opportunities.

It is worth noting that the recent release of economic data, particularly the Consumer Price Index (CPI) data, may have a significant impact on the encryption currency market. At the same time, the market is closely watching the movements of large Bitcoin holders (commonly known as 'whales'), as their trading behavior is often seen as a barometer of market direction.

In this market environment full of opportunities and challenges, investors are working together, hoping to share potential market gains. However, we must also remind that the encryption currency market is highly volatile, and investors should act cautiously and manage risks well.

As the market situation continues to evolve, we will keep a close eye on the trends of Bitcoin and other major encryption currencies such as Ethereum. Regardless of how the market changes, staying calm and rational is always a wise choice.