It is undoubtedly clear that there is resistance around 118300 on the 4-hour chart. However, based on the current market trend of Bitcoin, the bulls still hold a clear advantage, and the overall trend is upward.
The subsequent trading strategy remains unchanged, still focusing on buying the dips:
Bitcoin can be bought in the range of 117500-118000, with a target around 119500.
Ethereum can be bought in the range of 3520-3540, with a target around 3620.