In the Bitcoin market, investors should closely follow the key price level of $115,850. If the 4-hour chart remains above this level, even with a short-term pullback, the price is still expected to continue upward. In this case, potential resistance levels around $116,900, $117,590, and $118,350 can be monitored.

However, if the 4-hour chart breaks below $115,850, we may see a deeper pullback. At this point, investors can focus on the support levels around $115,550, $114,500, and $113,650 to look for potential rebound opportunities.

It is worth noting that there have been some significant events in the cryptocurrency market recently, including Ethereum breaking through the $4000 mark and changes at the policy level. These factors may influence the trend of Bitcoin. At the same time, the market is also following the liquidity situation of Bitcoin, which could be another important factor affecting short-term price movements.

In this complex market environment, investors need to remain vigilant and closely follow various key price levels while making judgments based on macro factors. Whether bullish or bearish, a clear trading plan should be established, and reasonable stop-loss levels should be set to cope with potential market fluctuations.