Recently, the Bitcoin market trend has been remarkable, showing obvious signs of a technical reversal. The four-hour Candlestick Chart indicates that Bitcoin has been continuously falling, forming two bearish belt holds, with the price quickly sliding down from the upper range, approaching the bottom area. This trend has caused the previously established multiple support levels to successively fail, and the technical pattern clearly suggests that a trend reversal may occur.

Despite a brief stabilization in the market, the overall bearish forces still dominate. Currently, the price level of 120,000 yuan has become a key point of intense confrontation between bulls and bears; it is not only an important technical support level but also a crucial watershed for investors' psychological expectations.

If the Bitcoin price falls below the 120,000 yuan mark, the market is likely to move further down, with the next support level target area possibly around 115,000 yuan. Conversely, if it can effectively stabilize at this position, investors may consider taking a small position for a tentative long, aiming to capture technical rebound opportunities.

In view of the current market situation, it is recommended that investors adopt the following strategies:
1. Maintain a low-position layout and strictly control the position size.
2. Closely monitor the performance of the 120,000 yuan support level, and avoid blindly bottom fishing or chasing shorts.
3. Maintain rational judgment and do not rush in during highly volatile periods.

The current market has entered a period of high volatility. Investors need to remain calm and respond rationally in order to operate steadily in a fluctuating market and maintain existing profits. As the market continues to develop, investors should promptly adjust their strategies to adapt to the rapidly changing market environment.