2025.5.19 20:05：

The price of Bitcoin dropped from 107114 to the 102000 area, forming a long bearish trend with increased volume.

The support strength near 102000 is relatively weak.

If the support at 102000 fails, it may further decline to around 100500 in the short term.

Currently, the market is at a critical observation stage.

For response strategies, the suggestions are as follows:

1. You can choose to wait and see, as there is uncertainty in the current market; for instance, the price has just dropped below 103500 and is testing 102000. The trend of the next K-line after the drop is very critical, although there is support below, buying pressure has not shown strong signs of a rebound.

2. You can attempt to buy low in the range of 102000 to 101800. The stop-loss point is suggested to be within the range of 100800 to 100500.

There are two take-profit points, which are 103800 to 104200 (where rebound meets resistance) and 105800 to 106500 (previous rebound high points).

The reason not to short is that the market has already experienced a rapid decline, and the profit space for shorts has been greatly released. 102000 is an important support area that is likely to rebound, entering short positions at this time could easily lead to losses due to rebounds.

If the next K-line can hold above 102000 and close positively, consider adding positions or turning bullish. If it continues to drop below 102000 with increased volume, stop-loss and clear positions immediately, waiting for the next support area (approximately 100000-100500) to observe again.

Currently, BTC is at a critical point of strong support and previous upward momentum; a tentative long position can be considered, but a stop-loss must be set. Those with larger or more secure funds may choose to wait for the next K-line to confirm a stop decline before considering entry.