5.14 Wednesday Midnight Bitcoin Analysis

Bitcoin halted at 105800, with bullish momentum clearly insufficient. A reversal and oscillation downtrend is expected.

There is not much space left above, while the unexpected situation below may lead to a sudden drop and market washing at any time. Continue to maintain a bearish mindset during the rebound!

Short in the 103900-104200 range, with a target of 102400 range.

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