BTC Afternoon Market Update (May 26, 2025)
I. Market Outlook
Current price fluctuates between $106,000 and $110,000, with potential divergence risk in the MACD pattern. If it cannot effectively break through $110,000 and stabilize in the short term, we need to be cautious of the 6-8 hour level pullback pressure. If the upward momentum is insufficient, it may lead to a price retracement to around $105,000 to test the validity of support, or even trigger a deeper pullback.
II. Technical Highlights
4-hour level: Currently focusing on the breakout situation of the $110,000 resistance level. If the volume-driven attack fails, a 6-hour MACD correction to zero may occur, along with a technical adjustment in the 8-hour cycle.
8-hour level: $105,000 is a key reference point for long positions; if it stabilizes after a pullback, one can consider entering with a light position. The current price has not escaped the high-level fluctuation range, and structurally, we need to guard against pullback risks triggered by divergence.
III. Key Support and Resistance
Support Levels: $106,800 → $105,000 → $102,700
Resistance Levels: $110,000 → $120,000
IV. Risk Warning
Leverage Risk: Avoid heavy positions chasing price increases and decreases, and pay attention to the chain reaction in densely packed areas near the liquidation line (such as below $102,000).
Impact of Macro Events: The Bitcoin conference at the end of the month (starting May 27) may cause short-term disturbances in market sentiment.