The afternoon trend of BTC can be analyzed from these several perspectives:

On the 4-hour chart, the price has formed a "three-pin bottom" after testing near 117500 three times. This pattern hides a bullish resistance signal – every time it touches this level, funds enter to support the price. However, there is a hidden concern: the trading volume during the rebound has not kept up, resembling a fist that hasn't eaten enough, lacking power. This means that the stability of the current support level still needs to be monitored; if the subsequent volume continues to be absent, the risk of a breakdown should be taken seriously.

Switching to the daily timeframe, the highs are gradually moving downwards, like missing a step while climbing stairs—this directly reflects that the short-term upward momentum is weakening, and there are already divergence signals appearing in the technical analysis, indicating that the bullish trend may be running out of steam.

In terms of operation, if the price rebounds to the range of 118100-118700, consider setting up a short position. The first target is to look at 117100-116300; if this range is effectively broken, the next target can be aimed at 115000. #币圈