Bitcoin's recent performance has been similar to that of Ethereum, breaking through an important resistance line in the weekend market. This resistance line is located at $117,800 and has now completed a role reversal between support and resistance, paving the way for an upward trend.

Analysts point out that Bitcoin may challenge the target price of $119,200 in the short term. This level is considered a key starting point for a significant downward phase, and its importance should not be overlooked. At the same time, investors should closely monitor the support level near $115,700, as this position may become an important trading range in the future.

Compared to Ethereum, Bitcoin's upward path seems to be more challenging. Market observers have noted multiple resistances above Bitcoin, which may affect its short-term trend. However, the fact that it has broken through the $117,800 pressure line still provides some confidence for the bulls.

As the market continues to evolve, investors and traders should remain vigilant and closely monitor the changes in these key price levels. Although short-term targets have been set, the high volatility of the cryptocurrency market means that situations can change at any time. Cautious risk management and timely market analysis will be key to successfully navigating this complex market environment.