BTC Today's Analysis 2025/5/21

The recent trend of Bitcoin looks quite good from a larger perspective, but in the short term, it's just a constant up-and-down fluctuation which makes short-term trading uncomfortable.

Moreover, the recent order liquidity is very interesting; when the price pulls back to the liquidation zone below, there will be a large influx of buying, making liquidation difficult, while at the upper short-seller liquidation zone, there will also be some selling which leads to liquidation.

In summary, the liquidity on both sides is a bit lacking, causing the market to become tense.

The upper resistance level is expected to hover around the 107100-108100 range for a while.

The lower support level is at 105000-104000, with the extreme support level at 101500-100700.