As of May 13, 2025, the price of Bitcoin (BTC) against the US dollar is reported at $102,812.96, with a 24-hour decline of 0.94%. The intraday fluctuation range is between $100,718 and $105,819, showing a tug-of-war pattern in the technical aspects. The narrowing negative value in the MACD histogram indicates signs of a bullish counterattack, but the neutral KDJ golden cross and the MA10 crossing below the MA30 suggest that there is still short-term retracement pressure. Support is at $101,877, and resistance is at $105,017. Market sentiment is polarized, with institutions like Standard Chartered maintaining an optimistic outlook, predicting a challenge of $200,000 by year-end, while CoinPanel experts warn that low retail activity may exacerbate volatility. On-chain data shows that miner costs are around $36,800, with a current profit margin of up to 182%, but exchange inventory has dropped to 12.3%, indicating significant reluctance among long-term holders to sell. In the short term, attention should be paid to the impact of US CPI data and the movement of whale funds on prices.