Crypto Circle Li Ying: Is the Bitcoin Momentum Exhaustion Signal on May 15 a Trap or a Vacuum? Latest Market Analysis
Crypto Circle Li Ying: Latest Market Analysis of Bitcoin on May 15
Article Published on 2025.5.15—00:20
Current Bitcoin Price is 103,500. The market has reached the entry point mentioned in Li Ying's article yesterday. There is not much to add, but Li Ying will still provide an analysis based on the overall market trend for reference. Currently, the main force has experienced a pullback after fluctuating at high levels. The K-line is fluctuating near the short-term and medium-term moving averages, indicating an unclear trend. In the short term, market momentum is weak. The RSI indicator is in a weak zone, and the short-term moving average has crossed below the medium-term moving average. These factors may indicate continued pullback pressure in the short term, which is also the reason for the short-term correction.
Therefore, Li Ying suggests closely monitoring key support levels and RSI breakout situations. If the price fails to stabilize in the current fluctuating range, defensive strategies such as reducing positions or waiting on the sidelines can be considered. At the same time, Li Ying reminds everyone that if the price breaks above the resistance accompanied by an RSI rebound, one may consider re-establishing long positions. It is advisable to wait for clearer signals before taking action. Stay vigilant and pay attention to market trends and changes in external factors.
On the technical side, the K-line is in a consolidation phase, showing patterns such as spinning tops and cloudy cover, indicating that there may be a reversal or ongoing pressure in the market. The MA7 has just crossed below the 30, suggesting that there may be pullback pressure in the short term, so further testing of the lows is possible. Before this, one could consider entering the market in advance while managing risks.
Today's Li Ying Price Predictions
Long Entry Point: 102,500; Add Long at 102,000; Stop Loss at 500 points; Target 104,500
Short Entry Point: 105,500; Add Short at 105,800; Stop Loss at 500 points; Target 103,500
The above analysis is based on Li Ying's conclusions drawn from market data and trend analysis and does not constitute investment advice. For family reference only.
