On the four-hour chart, the recent price rise followed by a rapid fall resembles a back-and-forth struggle between bulls and bears within a range, rather than a continuous strong push in one direction.

After multiple attempts to reach new highs and subsequent retests, the price has once again returned to the support level converted from previous highs, currently finding support and stabilizing. This support level acts like a critical defense line; in the short term, the market is likely to enter a prolonged phase of oscillation, with the switching of bullish and bearish forces becoming increasingly frequent, and each fluctuation potentially hiding new reversal signals.

Operational suggestion:

Buy Bitcoin near 110,000-110,800, with a stop loss at 109,000, targeting around 112,000-113,600. If it breaks, continue to look upward; if it doesn't break, consider shorting.

Buy Ethereum near 4,380-4,450, with a stop loss at 4,300, targeting around 4,580-4,650. If it breaks, look towards around 4,800; if it doesn't break, consider shorting.