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The current nearest support for BTC is around 117.5k, with the overall support range looking at 117k-118k. If this support zone holds, it will challenge 119.8k again.
If the range is broken, it may retest the 4-hour support near 116.5k. Anyway, the overall idea at the moment is to buy on dips, and there are currently no plans to short.
Medium to long-term view: We are currently in a correction phase, and after the correction, it will continue to rise, with a target of 130.6k.
A pullback of 117.5k-116.5k during the day can be used to build long positions in batches, with targets of 119.8k, 121k, and 123.3k.