Bitcoin hits new all-time high before falling, raising questions about sustainability of momentum.

Data shows that the cryptocurrency Ethereum has outperformed its more well-known counterpart Bitcoin, rising to a six-month high of $3,478.97. Analyst David Morrison from the financial technology company Trade Nation stated in a report that after Bitcoin reached a historical high of $123,153 on Monday, it has shown signs of a pullback and consolidation. He pointed out that traders who were hoping to profit further from Bitcoin's rise are feeling frustrated as Bitcoin has failed to rise above $120,000. This raises the question: "Without new catalysts, can the momentum of Bitcoin's rise continue?"