Bitcoin is weakly consolidating at low volume over the weekend, with the consolidation range between 118-117.
Only began to break through the consolidation zone upwards in the afternoon. Welcoming a rebound from overselling.
In the evening until tomorrow before the US stock market opens, pay attention to whether the rebound can reclaim the area above 1206-116.
The rebound test did not pass the pressure. Subsequent probability of continuing the 4H level pullback.
Re-stood above the 122 mark, short-term bulls continue to return strongly.
If the pullback continues to be weak, the overall view remains consistent with previous statements. Still pay attention to the effectiveness of daily support around 115/112.
Upper pressure: 118600/119500/120600/121860/
Lower support at 117200/116400/115000