Bitcoin Market Trend Analysis on May 15, 2025

Upper Resistance Point: 104,300

Lower Support Point: 102,300

Secondary Support Point: 100,600

Current Trend: After a decline, there has been a rebound leading to a prolonged horizontal consolidation with a tendency for a second upward breakthrough. However, there is a short-term resistance price of 103,800 above. A breakthrough will maintain horizontal consolidation in the range of 103,300 to 103,800, and if the situation does not stabilize at 104,300, it will start to decline and adjust.