The Bitcoin market has recently experienced fluctuations, and investors should closely follow the key level of $1116. If Bitcoin can hold above this price level for more than an hour, it may indicate the beginning of a short-term rebound. However, if it cannot hold this level, it may signify the continuation of a falling trend.

In terms of potential upside, $1122, $1138, and $1146 are notable resistance levels. Conversely, if the price continues to fall, the previous low of $1105 will become an important support level. If this level is breached, investors should follow $1099, $1090, $1080, and may even extend to the support level around $1072.

At the same time, the trend of Ethereum is also worth following. $4020 is the current key price level; if it can hold above this level for more than one hour, it may trigger a Rebound. Potential upward targets include $4050, $4070, $4100, and $4155.

However, if Ethereum fails to break above $4020, it may face further fall risks. In this case, $3960 and $3911 will become important support levels. If these levels are breached, $3883, $3848, and $3805 will become the next round of follow support levels.

It is worth noting that the cryptocurrency market has high volatility, and investors should fully consider the risks and conduct comprehensive market analysis before making any decisions. The current market conditions indicate that there may be some fluctuations in the short term, but the long-term trend still needs further observation.