According to the latest 4-hour Candlestick Chart analysis, the Bitcoin price has once again entered a consolidation range, and the clarity of the trend has weakened. The technical indicators show that both bulls and bears are engaged in intense competition, and the market is in a downward three-wave movement after the fifth wave, with the bears temporarily holding an advantage.

Currently, Bitcoin is about to face a key resistance level of $120,800. If it fails to break through this resistance, the upside potential will be limited, and bears may take the opportunity to press down, testing the support level below.

At the same time, Ethereum's short-term trend is exceptionally strong, continuously reaching new highs, which has surprised many market participants. In this situation, new investors entering the market may achieve good returns, while experienced traders need to be more cautious. Some analysts believe that Ethereum may peak around $5,000, but the current market trend is difficult to predict accurately, and investors may consider buying on dips.

For Bitcoin, it is recommended to consider shorting in the range of $120,500-$120,800, with a stop-loss set at $121,500. The target price is $119,300-$119,000. If it breaks below this range, it may further decline to around $118,500-$118,150. If it does not break the support level, consider buying on dips.

For Ethereum, look for long opportunities around $4,650-$4,630, setting a 50-point stop loss. The target price is $4,730-$4,750; if this range is broken, the next target may be around $4,800-$4,830. If it fails to break through, consider shorting on rallies.

It is important to note that the cryptocurrency market is highly volatile, and investors should operate with caution, implement risk control, and take profits at the right time. The above analysis is for reference only and does not constitute investment advice.