250501-Bitcoin Market Analysis

Bitcoin has currently pulled back to the second support level and is rising again. The current candlestick is hovering near the Kibot key line; if it continues to face resistance, it may drop again to yesterday's low around $92,848. If there is a rebound, it is also likely to fluctuate and consolidate around yesterday's high of $95,185. If it successfully digests yesterday's significant economic data and stabilizes above the Kibot key line, and under the condition of signal conversion, there is a chance to rise to around $95,700.