Today, the crypto assets market has once again welcomed a significant breakthrough, with Bitcoin prices reaching a historic high of $123,456. As of the time of writing, the Bitcoin quote is $123,456, up 2.10% within 24 hours. Meanwhile, Ethereum has also performed well, peaking at $4,776, with the current trading price at $4,754.67, showing an increase of 1.93% for the day.

The recent pump has triggered severe fluctuations in the market. According to data from the Coinglass platform, approximately $383 million worth of liquidations occurred in the Crypto Assets market over the past day. Among them, the long liquidations amounted to about $138 million, while the short liquidations reached as high as $245 million, indicating the intense struggle between the bulls and bears in the market.

Analysts point out that Bitcoin breaking through the $120,000 mark is an important psychological threshold that may further stimulate market sentiment. At the same time, Ethereum approaching the $5,000 high has also attracted the attention of investors. However, in the face of such rapid price rise, market participants need to remain vigilant and pay attention to potential retracement risks.

As the Crypto Assets market continues to heat up, regulators may strengthen their focus on the sector. While investors enjoy the gains brought by the market rise, they should also closely monitor policy changes and market risks, and make proper asset allocation and risk management.