Midnight Analysis of Bitcoin on Monday, May 12

Key level to watch at midnight is 104100. The 4-hour candlestick must firmly establish at this level to continue the upward trend. Resistance levels above are 105200/105860/107065 in order; if 104100 is not effectively broken, the 4-hour level will continue to pull back, with support levels to watch at 102350/100950/99200.

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