5.25 Morning Thoughts:

The four-hour chart of Bitcoin shows resistance at highs, with the 110,000 mark indicating pressure. Multiple attempts to rally have failed, and the market may continue to consolidate at high levels. The trend of volatility is clearly converging, and it is recommended to sell high and buy low within the range.

Suggestion: Enter the 108200-108500 range, with a target looking down at 106700. Be cautious near the support level and take profits in batches, strictly control risk, and beware of getting trapped by chasing highs.