Looking at the 4-hour trend now, it is oscillating upwards, with strong momentum for the rise. It has surged directly without much pullback. After a significant increase, it has reached a new high, and the support level below is gradually moving up.

Now, after the surge, it has entered a consolidation phase, but it hasn't quickly dropped, which does not affect the overall upward trend. The pause for consolidation is just to prepare for the next surge.

Moreover, looking at the hourly chart, the candlesticks are gradually gaining strength, and the buying power is increasing. So moving forward, our outlook remains bullish.

Operational suggestion:

You can position for a long on Bitcoin in the range of 116000-115500, targeting around 118500.

For Ethereum, you can position for a long in the range of 3870-3840, targeting around 3950.