From a four-hour perspective, Bitcoin continues to stabilize around 116,000, gathering momentum and forming an arc-shaped upward trend, but has been suppressed and turned down, without continuing to surge. The twelve-hour indicators have also begun to repair the volume and the MACD death cross indicator; the short-term repair area is in the range of 116,000-120,000. Even if this wave is driven by Ethereum for a Bitcoin reversal, it is unlikely to break the high point of 123,000, with a high probability of a pullback near 122,000. The current pullback is still looking at 117,000-116,500 in the near term, focusing on repairing the trend. As for Ethereum, it has already started, so the first target can be seen at the 3,600-3,700 position, mainly focusing on pullbacks in the short term. This wave of catch-up has not yet ended and will continue to rise. #山寨季何时到来？ #BTC☀ #ETH🔥🔥🔥🔥🔥🔥