On May 15th, BTC is still moving within a large range of fluctuations. In the early morning, it descended to capture the liquidity at the low point of 102700 in the small range before starting to rise. Therefore, the possibility of once again capturing the high point of 104900 in the small range is relatively high.

However, the upward volume is gradually weakening, making it difficult to achieve a single step. Thus, we can first set an expectation to remove the intermediate area at 104300, followed by a pullback before rising again to capture higher values.

Therefore, in terms of intraday operations, one can defend slightly at 104300 and attempt a short-term pullback to the 103300 area before turning bullish towards 104900.