Recently, the Bitcoin market has shown positive signs of a rebound. Although it has not been able to break through the resistance level of 115000, analysis of the hourly chart indicates that long positions are gradually strengthening. The Bollinger Bands are showing a narrowing upward trend, suggesting that the bottom may soon stabilize, followed by the opening of an upward channel.

The market has currently released three important positive signals: first, the support level of 113500 has been effectively confirmed, with strong buying pressure; second, the retracement is less than 25%, indicating this is a strong consolidation; finally, the 4-hour moving averages show a long positions divergence, and the MACD indicator is expected to form a second golden cross.

Based on the current market situation, building long positions at low levels may be a strategy worth considering. For Bitcoin, one can pay attention to buying opportunities around the 114000 resistance level, with a target price set at 115500. As for Ethereum, around 3500 dollars may be a good entry point, with a target price set at 3600 dollars.

It is worth noting that the cryptocurrency market is still influenced by multiple factors. For example, adjustments to U.S. tariff policies, overall fluctuations in the crypto market, the development of the Ethereum ecosystem, and the reserve strategies of publicly traded companies regarding crypto assets can all impact market trends. Investors should consider these factors comprehensively when making decisions and keep a close eye on market dynamics.