5.11 Sunday Bitcoin Evening Thoughts

In the coming week, there aren't any major news events.

The remaining noteworthy points are various speeches from the understood king and the outcomes of the upcoming China-US meetings. This will have a relatively significant impact on Bitcoin's trends.

This afternoon's sharp drop was quite erratic, but the bulls managed to pull it back up with just a few bullish candles.

I've been bearish recently, and everyone has given me the title of a major bear. The thought process moving forward remains to short at highs.

Although the 105000 level seems easily breakable, it has remained quite strong so far. So if this resistance level holds tonight, we can directly go short.

In the past two days, the 103000 support has not been broken. If it doesn't break 103000 tonight, we can go long instead. $BTC $ETH $XRP #MichaelSaylor暗示增持BTC #币安Alpha上新 #BTC重返10万 #Stripe稳定币账户 #BTC交易