The Bitcoin market has recently shown a volatile trend, with adjustments continuing at the daily chart level. Market participants should closely monitor potential risk signals in the 12-hour time frame, while the 3-hour, 4-hour, and 6-hour charts exhibit certain signs of support.

Currently, the Bitcoin price is facing multiple key resistance levels, located at $115,100, $115,700, and $116,400. These levels may pose obstacles to the upward movement in the short term. On the other hand, the support levels below are at $114,100 and $113,200, which may provide some cushioning when the price declines.

For traders, it is crucial to maintain a cautious attitude. It is recommended to avoid rash entry before a clear market pattern emerges, while also emphasizing the importance of setting stop losses. Each trade should have a clear risk management strategy.

It is worth noting that the cryptocurrency market is highly volatile, and investors should make decisions based on their own risk tolerance. This analysis aims to provide market insights rather than specific investment advice. It is recommended to conduct thorough research and consideration before making any investment decisions.