BTC daily line sideways for a week, direction choice imminent! Long and short tug-of-war focuses on resistance at 105800 and support at 100500
Bitcoin has been in a slight oscillation range these past two days, and the lack of liquidity over the weekend is also a reason for its small fluctuations. At the same time, it is facing a directional choice after a week of sideways oscillation, and the time to choose a direction is approaching!
In terms of trends: $BTC
After this wave of Bitcoin's surge, it began to oscillate sideways without successfully breaking through the historical high position, remaining in a relatively high position. Market sentiment regarding FOMO is being digested, while bearish sentiment is slightly increasing, and there might be a market movement tonight. Pay attention to the previously mentioned high and low ranges; the upper range focuses on the interval of 104800-105800, while the lower range focuses on the interval of 101500-100500. Let's pay attention to the direction choice for the breakout!
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BTC Analysis: May 18, 2025 daily chart