Bitcoin Market Trend Analysis 20250521

The hourly trend still shows relatively large fluctuations. After a price surge yesterday morning, there was a downward correction during the day, followed by a rise after the US stock market opened. In the early hours of today, a recent high of 107320 was reached, and it is currently maintaining high-level fluctuations.

We have mentioned that there is currently a 6-8 hour level resonance upward trend, which may lead to new highs. However, after reaching new highs, a bearish divergence pattern appears, indicating that the price will need to decline for adjustment. This means that if the price continues to rise and breaks through the significant level of $110,000, there will be a pullback. The pullback level is at the 8-hour and 12-hour EMA52 line (101880-99800). The pullback is intended for better upward movement, so prices reaching this area are good entry points.

The weekly upward trend has not yet ended, while the daily level will still experience larger fluctuations. For short-term contracts, remember to take profits in a timely manner, while for medium to long-term contracts, ignore small level fluctuations.

Daily resistance levels are 110000-120450-131000, and support levels are 101880-99800-98700-95600-92230.