assuming that people are just now entering the market more than anything $BTC . It is always like this, there are people who are there getting to know and seeing when will be the moment to invest without having any idea, and when they see rises like this, is when there are purchases all over the world. All the money that comes in, let's say billions of dollars, is being absorbed by those who bought in the panic when it was below 80K. The price will remain this way until the volume of FOMO runs out.
The whales will take profits and the price will go down like a waterfall.
The only way for this to change is for Jerome Powell to decide to lower interest rates. And the FED injects liquidity into the market, that is, print more dollars!

I maintain my position and average down until something like that happens

A drop of Bitcoin to 95K or 100K would be very healthy to see new impulses and aim for 120k or 150K