2025.5.12 Morning Thought Sharing
Bitcoin once surged to 105000, but then plummeted south to around 103500, currently located around 104500.
During the day, the main trend is still southward, with a focus on the upper resistance at 105150, middle support at 103250, and as long as the lower support holds above 101000, the trend remains intact. Conservative traders can wait for a bottom test at the lower support before entering.
Suggestions:
Bitcoin: Southward to around 104000-103500, with targets looking towards 105000-106000.
Altcoin: Southward to around 2520-2500, with targets looking towards 2560-2600.