Recently, the Bitcoin market has shown a trend of volatile upward movement. From the analysis at the 4-hour level, long positions are strengthening, and a rebound may occur in intraday trading. However, it is important to note that this does not mean the market has completely reversed. The current price is close to but still below the middle band, indicating that the market is still searching for direction.

Recently, two important support levels have demonstrated strong strength, providing some assurance for price stability in the short term. However, investors should not be overly optimistic and should closely monitor the technical indicators on the 8-hour and daily charts to guard against a sudden market reversal.

For traders who intend to participate, it is advisable to consider establishing long positions in the range of 114,500 to 115,000. If the market continues to maintain its current momentum, prices are expected to rise towards around 117,000. However, given the current market uncertainty, it is recommended that investors carefully assess risks before engaging in any trades and implement appropriate risk management.

Overall, although the Bitcoin market shows some upward momentum in the short term, investors should remain cautious, keep an eye on market changes, and adjust their strategies promptly. In this challenging and opportunity-filled cryptocurrency market, it is crucial to stay calm and rational.