5.23📌 Bitcoin Intraday Market Analysis
✅ The bullish trend has entered its final stage!
⚠️ High platform breakdown + long bearish engulfing, initial signs of a top structure!
📍 Key Support Level: 106800~107200 (break below confirms structure)
📍 Key Resistance Level: 111200~111800 (if it retraces and does not break, consider shorting)
🎯 Trading Strategy:
🔴 Do not chase long positions in the short term!
🟡 Wait for reversal signals (Pin Bar/Bearish Engulfing) in the range of 109000~110000, then decisively short!
📌 Summary: Trend reversal has started, the pullback phase is the current optimal battlefield!
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