The Bitcoin market has recently shown positive turning points, with multiple technical indicators indicating that long positions are gradually strengthening. Looking at the 4-hour chart, Bitcoin's price is exhibiting strong rebound momentum, while short positions seem to be retreating. At the same time, the MACD indicator has also begun to show positive changes, suggesting that buying power is gathering.

From a longer-term weekly perspective, the market is also sending positive signals. The Relative Strength Index (RSI) has formed a golden cross, which is often seen as a precursor to a strong upward trend. In addition, the candlestick chart shows a staircase-like rising trend, which may indicate that we are at the beginning of a new upward cycle.

At present, the important price range that the market is paying attention to is between 113400 and 113800 US dollars. If Bitcoin can break through this range, the next potential target price may be around 116800 US dollars.

However, investors should remain cautious. Although the current trend appears optimistic, the high volatility of the cryptocurrency market still exists. It is recommended that investors carefully assess their risk tolerance and closely monitor market developments before making any decisions.