Several market watchers are maintaining bearish positions on Bitcoin between $115K and $125K, with some projecting possible weakness toward the $70K–$75K range longer term. The Fed's recent $106B emergency liquidity injection is being flagged as a significant headwind for risk assets generally. Meanwhile, BTC has been consolidating in a relatively tight band around $89.3K–$94.4K as traders weigh these competing signals. The interplay between central bank stimulus and digital asset price action continues to shape near-term sentiment.