5.13 Morning BTC Market Analysis, last night mentioned moving towards a triangular convergence area, and the direction is about to be chosen, this time the chosen direction is downward, with a relatively strong pullback, directly breaking through three minor supports, the four-hour level support is 102500, which has now become the intraday resistance area after breaking down. The four-hour level has already broken, and it is still in a downtrend. A rebound at the 102500 level within the intraday 4-hour close would have strength.
Intraday trading is still mainly focused on rebounds, with a safer rebound around the support of 101200 below, and resistance around 102500 and 103000 above, which may form a range fluctuation in these areas.
