According to the source, a social post claims Bitcoin (BTC) broke above $124,000 on Oct 3, 2025; this cannot be independently confirmed here at this time. Source: X post dated 2025-10-03. Before acting, verify the print on at least two independent feeds such as Coinbase BTC-USD, Binance BTCUSDT, and the CME CF Bitcoin Real-Time Index to confirm a true tick and avoid exchange-specific wicks. Sources: Coinbase BTC-USD market feed; Binance BTCUSDT market feed; CF Benchmarks CME CF Bitcoin Real-Time Index. If confirmed, gauge leverage conditions by checking CME front-month BTC futures basis versus spot and real-time funding rates on major perpetual venues to assess overheating risk. Sources: CME Group BTC futures quotes; Binance Funding Rate dashboard. Validate the breakout with a higher-timeframe close (e.g., 1-hour) above the level and rising spot-led volume share relative to perpetuals for higher signal quality. Sources: TradingView BTCUSD index; Kaiko spot versus perpetual volume analytics. Manage risk with predefined stop-losses below the reclaim level and reduce leverage during thin-liquidity windows such as weekend hours and roll periods. Sources: CME trading hours calendar; major exchange maintenance and liquidity notices.