Recently, the Bitcoin market has shown subtle changes. After experiencing a wave of falls, the Bitcoin price found support around 119572 dollars and then began to rebound.

From a short-term perspective, the market has shown some positive signals. The price has formed an upward trend for four consecutive hours and has broken through the middle band of the Bollinger Bands, indicating that bullish momentum is building. However, we must not overlook the limitations of the current rebound. The upward candle bodies are relatively small, and the magnitude of the rebound has not fully offset the previous fall, indicating that bullish strength is still limited. In addition, the price has not yet broken through the previous high, meaning that upward pressure still exists.

For short-term traders, a cautious buying strategy can be considered at this stage. It is advisable to focus on support levels during pullbacks for positioning, as this can align with the market's recovery trend while avoiding the risks associated with chasing highs. However, it is also important to remain vigilant; if the price falls below key support levels or encounters strong resistance during rebounds, timely adjustments to positions may be necessary to prevent the market from weakening again.

In terms of specific operations, one can focus on buying opportunities around $120,500 and $120,000, with a target price set at $122,500. However, investors should always pay attention to market trends and flexibly adjust their strategies to cope with this uncertain cryptocurrency market.

Overall, the current Bitcoin market is at a delicate balance point. Although there have been some positive signals in the short term, the overall trend still requires more confirmation. Investors should maintain a cautiously optimistic attitude when making moves, seizing potential upward opportunities while also implementing risk management to cope with possible market fluctuations.