Bitcoin reached a new all-time high (~$125,000) recently, then retraced slightly today.
It is now trading in the $123,700–$124,000 range following profit taking.
Ethereum and many altcoins also slipped modestly, reflecting broad crypto pullback.
The initial rally had been supported by strong ETF inflows and safe-haven demand.
The dominance of Bitcoin in the market’s cap share has tightened, delaying altcoin
rotation.
The “Fear & Greed” index in crypto markets is flashing “Extreme Greed”, warning of potential reversals.
Sharp volatility and liquidations are showing up in derivatives markets.
Many traders now watch whether support holds near $120,000.
Some analysts say the pullback is healthy and part of consolidation.
The next break either way may set the tone for October crypto trends.