Daily Market Update 2025/05/15
📌 Today's Market Review:
🎯 $BTC Previously mentioned two potential trends
📈 Trend 2⃣' s H1 head and shoulders bottom structure has broken below the 107k support level and is no longer valid.
📉 Trend 1⃣ is valid: H2 level M head & rounded top, the right half of the M head is a descending channel.
📌 The first pullback target is the M head neck line support at 101.5k. Observe the price reaction at this level; if it cannot initiate a rebound, continue downwards to seek support at 98-97k.
