The crypto market is under pressure after Bitcoin surged past 107K, followed by a decline that sparked fears of an end to the bull run. However, analysis shows optimism about the continuation of Bitcoin's rise.

- The behavior of old 'whales' is an important indicator. In previous cycles, new price peaks were usually followed by an inflow of Bitcoin to exchanges from these 'whales', which has not happened this time.

- The current price correction is more likely a temporary adjustment than the end of the bull run.

Thus, despite the challenges facing the crypto market, the long-term outlook for Bitcoin remains positive.