#BTC
The current support level remains solid; is a rise imminent?
In my opinion, the price is forming a fluctuation range between two blue lines.
Yesterday, Bitcoin retraced to Monday's low (marked by the circle in the image), which makes the upward potential more noteworthy.
Compared to the S&P 500 index, Bitcoin has shown significant resilience—if the stock market can stabilize quickly, it will be more favorable.
Today's key focus:
Release of unemployment rate data
Powell's speech
May refocus on expectations of monetary policy easing, shifting the market's excessive reaction to tariff issues.
