BTC: As of October 9, 2025, the current price of BTC is $122,700. Yesterday’s closing candlestick showed a "small bullish candlestick," accompanied by moderate trading volume, suggesting that the short-term bullish side remains temporarily dominant. On-chain data indicates that yesterday's market turnover rate was at a low level, with selling primarily coming from short-term holders, while long-term holders continue to adopt a wait-and-see stance. According to URPD data, 1.767 million BTC are clustered in the $104,500–$111,000 price range, and 1.242 million BTC are clustered in the $93,500–$98,500 price range. Overall, since September 26, Bitcoin’s rebound trend has become increasingly solid, with the primary driving force behind the market almost entirely coming from U.S. players. Although indicators such as MVRV and UPUL have yet to show new trend signals, the current uptrend can still be considered an extension of the April rally. From a technical perspective, as long as Bitcoin holds the strong support level at $121,000, the market’s medium-term outlook remains optimistic. Unless a systemic bearish event occurs, the likelihood of a sharp short-term drop in Bitcoin remains relatively low.