After a brief pullback, Bitcoin has gained strong support around $114,923. This price level shows significant buying interest, allowing the price to quickly stop falling and stabilize, reflecting a robust interest in buying at lower levels.

From the four-hour chart, Bitcoin previously rose to a high of $124,545, and then entered a consolidation phase. After reaching a key support level, it has shown signs of stabilizing and bouncing back. In terms of technical indicators, the MACD green bars are expanding at a slower pace, indicating that bearish strength is gradually weakening.

Based on the current market situation, investors may consider looking for long opportunities in the range of $115,000 to $114,500, with an upward target set near $116,500. However, given the high volatility of the cryptocurrency market, it is essential to operate cautiously and set reasonable stop-losses to control risk.

It is worth noting that, although Bitcoin is showing positive signals in the short term, the overall cryptocurrency market is still in an adjustment phase. Investors should closely monitor factors such as the global macroeconomic situation, changes in regulatory policies, and the movements of institutional investors, as these could have a significant impact on Bitcoin's price trend.

In addition, Bitcoin, as the leader of the cryptocurrency market, often influences the trends of the entire industry. Therefore, the performance of other mainstream cryptocurrencies is also worth paying attention to in order to fully grasp market movements. When making any investment decisions, investors are advised to comprehensively consider multiple factors and not blindly chase highs or sell during falls.