For all \( z \in \mathbb{C} \) on the curve \( C_{1}: |z| = 4 \), let the locus of the point \( z + \frac{1}{z} \) be the curve \( C_{2} \). then:
The curves \( C_{1} \) and \( C_{2} \) intersect at \( 2 \) points
The curves \( C_{1} \) and \( C_{2} \) intersect at \( 4 \) points
The curve \( C_{2} \) lies inside \( C_{1} \)
The curve \( C_{1} \) lies inside \( C_{2} \)