BTC, the 4-hour candlestick chart shows a significant price increase, breaking through the early morning high, forming a bullish engulfing pattern. The last candlestick is bullish, with the closing price greater than the opening price, indicating an increase in bullish strength.

The MACD histogram remains negative but is gradually shortening, indicating that bearish strength is weakening while bullish strength is increasing. Further real-time confirmation of the trend is needed!

Suggestion: Go long around 119000, target near 121000!