Let's analyze today's market on May 13th
Intraday resistance above 104000-105000
Support below 100000-99500
The large coin has been oscillating in a high-level box for several days. Yesterday, Bitcoin saw a significant pullback with weak rebound momentum. The daily chart has recorded three consecutive bearish candles, and the price attempted to return to the box structure but ultimately failed. The overall downward pressure still exists in the short term, and the intraday short-term strategy suggests focusing on short positions.
Intraday resistance above 2530-2550
Support below 2350-2330
I will continue to arrange great trades!
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