Bitcoin experienced wide fluctuations yesterday, consolidating at high levels. After a failed rebound in the early morning, the price returned to around 118,000 after a thousand-point tug-of-war, confirming strong resistance above.

The daily line closed bearish, oscillating at the range bottom without breaking. The support at 116,000 remains effective, and the overall trend is not damaged. The MACD and stochastic indicators are moving parallel and flat, suggesting continued fluctuations today, with a focus on the resistance area of 118,500-119,000.

The weekend market may continue to oscillate, with a strategy of maintaining stability. $BTC $ETH