Weekend market fluctuations are exhausting. From the current market perspective, $BTC continues the early session's oscillation and repair rhythm, but by midday, the bullish momentum has shown signs of fatigue, making it difficult to push prices higher.
The hourly chart indicates that the early session's consecutive positive candles have turned into an alternating adjustment pattern, and the price increase is accompanied by a decline in trading volume, reinforcing the bearish outlook.
The 118500 level was previously a support level, but now it has completed a top-bottom conversion, forming strong resistance in the short term.
Big coin afternoon trading suggestion: short near 118500, target 117000.
