The cryptocurrency market is experiencing strong buy pressure, with traders divided on future price movements. Some acknowledge the presence of an "infinite buy wall" and upward momentum, despite personal hesitations, while others see potential resistance near the 122 and 4.7 levels. This has led to peak open interest at historical spot highs, creating uncertainty in timing decisions. Market conditions are unusual as peak open interest coincides with historical spot highs, prompting market makers to withdraw sell orders due to overwhelming buy strength. A significant 10 million volume candlestick indicates institutional accumulation. Meanwhile, one trader tactically sold next week's 115 put options at the top, showcasing strategic bearish option selling in a strong market.