BTC has finally formed a Long Wick Candle, showing a potential bearish divergence on the 1H level, so there is a high probability that a 4H pullback will occur. The resistance above is around the 119500-120000 range, and the support below is at the 117500/116000 range. Those willing to take risks can consider short positions above 119000, with a stop loss of 1500 points. Based on the support below, consider taking partial profits with a take profit strategy. If you are not willing to short, wait for a pullback to the 117500/116000 range.

Buy in batches at the support range, and set the stop loss at 1200 points.
BTC failed to break through the pressure zone of three types of sell points at the Long Wick Candle position in the 4400-4450 range twice today. For now, it seems that there is a demand for a pullback in this uptrend. The support level on the 1H timeframe is around 4330-4350, and the support level on the 4H timeframe is around 4250-4280. If watching the market at night, consider whether to take action on the 1H trades based on your own judgment.
Try to only take 4H level trades when not monitoring the market in the evening. It is recommended to buy in batches mainly at the 4H support level in the 4250-4280 range, with a stop loss of 50 points for risk control measures. The target still looks at 44.