<ul data-eligibleForWebStory="false">Bitcoin recently hit a new all-time high above $123,000, triggering a 43.06% spike in crypto discussions.Market analysis indicates caution as extreme social activity historically precedes local tops, hinting at potential overretail interest.Binance's spot price exceeding perpetual futures price suggests that market euphoria hasn't peaked yet.Increased exchange inflows post the milestone imply short-term profit-taking, although long-term and institutional holders remain firm.