As of May 16, 2025, the BTC intraday market presents a fluctuating pattern. The current price is fluctuating around $103,000, with short-term resistance above in the range of $104,300-$105,500, and strong resistance around $105,670; support below is primarily focused around $102,000, and if it breaks down, it may test the key levels of $101,500-$100,000. The technical indicators show that the Bollinger Bands on the 4-hour level are narrowing, with the price hovering around the middle band, MACD bearish momentum is weakening but has not broken the zero axis, and the KDJ indicator has a death cross risk in the overbought area, indicating a clear short-term tug of war between bulls and bears. The operating suggestion is to primarily focus on high short and low long positions in the range, establishing light long positions near $102,000 on pullbacks, and attempting short positions near $105,500, with strict stop-loss settings.