The latest market analysis shows that Bitcoin may welcome a new round of pump after a short-term pullback. The MACD indicator on the four-hour chart shows divergence, indicating current market downward pressure. However, this seems more like a technical pullback rather than a signal of a trend reversal.

From a price perspective, Bitcoin may first dip to the range of $117,750-$116,500, and then is expected to rebound to around $120,000-$121,200. At the same time, Ethereum may also experience a similar trend, with an expected pullback to the area of $2,945-$2,920, followed by a potential rise towards the vicinity of $3,000-$3,035.

It is worth noting that, although there may be certain pressures in the short term, the overall market structure remains robust. Investors should closely monitor these key price ranges to seize potential trading opportunities. At the same time, they should also be wary of the risks brought about by market volatility and implement good risk management.

Overall, although a pullback may occur in the short term, the market still has potential for a pump. Investors should remain calm, pay attention to market trends, and make rational decisions.