Prediction of BTC Trend for the Next Week: High-Range Fluctuations and Key Support and Macro Data to Watch

Bitcoin (BTC) has entered a high-range fluctuation after breaking through the $100,000 mark, closing at $102,507 on May 13. It faces short-term technical pullback pressure, but the medium to long-term bullish structure remains unchanged. The key points for the next week’s trend are as follows:

1. Technical Aspect: BTC's short-term support is at $102,000. If it breaks below this, it may retest the $98,000-$100,000 range; resistance above to watch is $105,000, and if broken, it may challenge the historical high of $109,225.

2. Capital Aspect: Institutional funds continue to flow into Bitcoin ETFs (e.g., BlackRock has seen a net inflow of over $5 billion for 20 consecutive days), but caution is needed regarding the selling pressure from whale address reductions.

3. Macro Factors: If the U.S. CPI data shows cooling inflation (with an expected year-on-year growth rate dropping to 2.2%), it may strengthen the expectation of interest rate cuts by the Federal Reserve, which would be positive for BTC; conversely, it could trigger short-term volatility.

In summary, BTC may maintain high-range fluctuations in the short term. Investors can focus on key support levels for staggered investments while being wary of the risk of overheated market sentiment.