From the four-hour chart, the price rebounded near the support level of the middle Bollinger Band, indicating strong buying support at this level, confirming its effectiveness. The recent pullback failed to break below the support level, indicating that bearish momentum has not yet fully unleashed and downward pressure is relatively low. Next, we should monitor the bullish-bearing dynamics in the middle Bollinger Band area. If stable support forms here, prices may continue to rise.

From the one-hour chart, the price quickly rebounded after touching the lower Bollinger Band, reversing the previous decline. The candlestick pattern shows consecutive long lower shadows, indicating clear support below. Currently, the price is in a range-bound trading range, failing to break below the support level. In the short term, the market remains bullish.

Trading Strategy:

1. Bitcoin: If the price falls back to around 117,890-118,650, consider buying, with a target of 119,650. A breakout will target 123,500. 2. Concubine: Buy when it pulls back to 4125-4185, target is 4385. $BTC $ETH #BTC重返12万 #ETH突破4300 #加密总市值创历史新高