$BTC 5.16 Morning Analysis

Last night's market experienced a deep V reversal, repeatedly testing the support below without breaking it. The 101,000 point level has remained strong, and after rebounding to 104,000 points, it faced resistance. Currently, it is in a volatile range, and without an effective breakout, it is advisable to operate with high short and low long positions. It is important to note that there is a significant risk of a downward breakout, and long positions must have stop losses; it is recommended to focus on high short positions.

Morning Operation: Bitcoin is in the range of 103,900 - 104,400, with a target of 101,500. If it breaks, continue to look downward; if it does not break, consider reversing positions.

Second Bitcoin: In the range of 2,580 - 2,600, with a target of 2,480. If it breaks, continue to look downward; if it does not break, consider reversing positions.