$BTC be careful of fire explosion bull trap in the coming phase!

Currently, after the sideways range of 100k - 104k, BTC from May 9, 2025, until now has continuously shown points of unsuccessful attempts in this price range, causing BTC's upward movement when hitting the upper boundary (104k area) to be continuously pushed down to lower price ranges (101k - 100k). And in last night's session, after confirming the buying force entering the 100k area, BTC again made another unsuccessful attempt during the session at 11:00 PM on May 15, 2025, and afterwards, BTC went up showing a similar contradiction to the period at 7:00 PM on May 13, 2025, after the unsuccessful attempt where BTC still continued to pull up without volume to the 104k range.

Therefore, in today's session, if we see BTC approaching the 104k range without a volume explosion, just hovering at the volume level of the session at 11:00 PM on May 15, 2025, then the scenario of BTC returning to the 100k range or lower is extremely high in the upcoming phase. So, please pay attention to this scenario for appropriate trading.

There is still one extremely unlikely scenario occurring where BTC and ETH are currently in sync with each other as both are in a sideways price range. If BTC shows a session of large volume explosion pulling ETH up and other altcoins rising, then the scenario of May 8, 2025, will continue to emerge, at which point the entire market will enter an uptrend. However, upon closer inspection of the accumulation pattern of ETH, BTC still shows excessive supply pressure, so we will keep this scenario in the upcoming week to consider if the low volume scenario in the accumulation range of 100k - 104k occurs.

Therefore, today's strategy is still to keep an eye on short positions for BTC and the altcoins that are in the lower channel!