Today, Friday, May 30, 2025, the Bitcoin market shows mixed signals that require caution from traders.

📉 Current market status

Current price: Bitcoin is trading around $105,800 USD, after briefly falling below $105,000 before a slight recovery.

Recent trend: The price has declined from its all-time high of $112,000 reached in early May, indicating a possible ongoing correction.

Key supports and resistances: An important support has been lost in the $106,500–$107,000 range. If the price manages to recover this range, it could trigger a new bullish trend.

⚠️ Factors to consider

Technical analysis: Bitcoin has broken a bullish trend line and is staying below the 50-day exponential moving average, suggesting bearish pressure in the short term.

Market sentiment: The Fear and Greed Index stands at 61 (Greed), indicating that despite the correction, the overall sentiment remains positive.

Macroeconomic factors: Trade tensions and uncertain economic policies in the U.S. are generating volatility in the markets, also affecting the crypto market.

🧭 Recommendations for traders

Short-term strategy: Consider trading within the current consolidation range ($90,000–$110,000), setting tight stops and clear targets.

Long-term strategy: If the price remains above $104,500 and shows signs of recovery, it could be an opportunity to accumulate, aiming for a potential target of $120,000.

Caution: Avoid trading with high leverage in this volatile environment and stay alert to economic news that may influence the market.