Bitcoin has surged past the $120,000 mark, sparking intense discussions within the crypto community. The majority of traders anticipate further gains, projecting a rise to $140,000. While some members express caution at these high levels, the prevailing sentiment suggests the rally has room to continue. Key indicators such as the futures basis rate are being closely monitored to gauge potential market peaks. In the current strong market, rolling strategies are gaining attention, with traders sharing experiences in options and contract rolling. Emphasis is placed on participating only in primary uptrends and setting trailing stops to manage risk. However, caution is advised due to the current volatile market conditions. Additionally, traditional technical analysis is reportedly faltering under Wall Street's influence, with a noticeable gamma squeeze effect. Traders are advised to watch for a futures basis rate of 13% as a potential exit signal.