The Bitcoin market has recently experienced significant volatility, drawing widespread attention from investors regarding its future trends. Analysis shows that the range of $112,000 to $113,000 may become a key support level; if this level can be maintained, the market is expected to see a significant rebound.

Currently, Bitcoin is hovering around $114,500, a level that has seen a slight rebound. Previously, the market had risen to $117,000 at this level, bringing considerable gains to short-term traders. However, as the price has once again dropped back to $114,500, investors need to closely monitor whether this key support can hold. If it stabilizes, a new round of upward opportunity may arise.

It is worth noting that while there may be trading opportunities in the short term, considering that the market has already experienced a rebound, the risk of a second operation may be higher. For investors with a higher risk appetite, it may be worth considering looking for entry opportunities in the range of $112,000 to $113,000, as this area, if sustained, may trigger a larger rebound.

On the Ethereum side, its performance has been relatively stable. It previously rebounded at the support level of 4,200 USD, reaching a high of 4,400 USD. However, what is more noteworthy is the trading dense area between 4,000 USD and 4,100 USD, which may have a significant impact on future trends.

Overall, the cryptocurrency market remains full of uncertainty. Investors need to comprehensively consider multiple factors such as technical aspects, fundamentals, and risk management when making decisions to cope with the high volatility of the market.