2025.5.19 Bitcoin Market Analysis

Upper resistance at 107,300

Lower support at 103,300

Current trend: After a rise and peak, there is a pre-press drop. If it does not break 105,800, it will maintain a range of fluctuation between 105,800 and 106,500, without breaking upwards past 107,300, leading to a deep correction.

Trading strategy: Short positions only around 107,000 high, limited to the initial position. If the first round of decline does not break 105,800, and there is a second upward push, evaluate whether to establish a second position at 107,300 based on the situation.