25/05/02 BTC faces a heavy pressure zone, with 100,000 becoming a key battleground; do not chase the rise but enter on a pullback.
If there are no surprises, Beautiful Valley will continue to rebound upward as previously predicted. Today opened high, and we continue to watch for when a topping signal will appear; further updates will follow.
Bitcoin broke through yesterday afternoon, but the rebound height has not widened significantly. Next, it faces a heavy pressure zone of 100000—102000. Pay attention to whether the MACD shows divergence on the 4-hour and daily charts, and watch that the rising trend line since 74500 cannot be broken. Previously reminded to increase positions near 78000 and 86000; going forward, do not chase the rise but consider entering on retracement.
Bitcoin
The daily chart continues the rebound trend after a week of oscillation, but the pressure increases as it rises. The price line breaks through 0.618, and there is heavy pressure below 0.786. If a large upward spike occurs, consider reducing positions.
The probability of the daily 5th wave directly breaking the previous high is low, but the price line is above multiple moving averages, indicating strength. Consider increasing positions again near 87800—89000 on a pullback.
From the weekly perspective, there is a small probability of touching the upper band if it stands above the middle Bollinger Band. The weekly chart is also showing a U-shaped reversal. Watch if the MACD can turn above the zero line on the weekly chart.
Support: 87800—89000
Pressure: 100000—120000
Ethereum hasn't changed much; be patient for oversold rebound opportunities. SUI is oscillating continuously below 0.618 on the rebound, and it is not recommended to chase a pullback at 2.79; there may even be an opportunity to enter near 2.5. SOL rebounded after pulling back to the middle band, but it hasn't broken through the heavy pressure at 157.12 and 178. DOGE continues to look for a rebound after pulling back to the middle band.
