5.14 Wednesday Afternoon Bitcoin Analysis

On the hourly chart, Bitcoin began to pull back immediately after breaking through key levels, with all technical indicators turning bearish, significantly increasing short-term downward pressure.

In the four-hour candlestick chart, after a classic V-shaped reversal, Bitcoin's price started to decline and is currently approaching the middle-lower band, continuing to fall, with bears having good development space.

Targeting the 104000-104300 range for shorts, aiming for the 102500 range

$BTC $ETH #CPI数据来袭 #加密圆桌会议要点 #Strategy增持比特币 #贸易战缓和 #币安Alpha上新