$BTC Below is the market analysis of Bitcoin (BTC) on May 30, 2025:
Price Trend
- As of 9:10 AM Beijing time on May 30, the price of Bitcoin is $107,000. The market has been consolidating for the past day, showing a bearish trend. Previously, the price of Bitcoin dropped from $108,800 to $107,000, and in the early morning it even dipped to around $105,500, followed by a slight rebound, but currently there are signs of a pullback again.
- The daily chart shows that Bitcoin's price has shown three consecutive bearish candlesticks, with a peak of $108,900 and a low of $106,500. The price has fallen below the fast support level of EMA15 at $106,800.
- On the four-hour chart, the price has broken below the trend support level of EMA90 at $106,700, and the candlestick has touched the lower Bollinger Band at $106,500.
Technical Indicators
- The MACD indicator shows that the top divergence has lasted too long, and bearish momentum is gradually increasing. On the four-hour chart, MACD is shrinking and accumulating, with DIF and DEA falling below the 0 axis.
- After the contraction of the Bollinger Bands, the upper band pressure level has reached $111,000, while the lower band support level is at $101,000.
Market Sentiment and Capital Flow
Despite rumors that Trump will invest $3 billion to enter the market, and the U.S. Vice President supporting the Bitcoin conference, declaring cryptocurrency as a national strategic asset, the bearish trend in the market is still quite apparent. Investors need to remain rational and cautious. Currently, the overall market sentiment is bearish, and without significant positive news to stimulate the market, the bearish trend may continue.
The above content is compiled from public information and does not constitute investment advice.