BTC: As of May 26, 2025, the current price of BTC is $110,000; yesterday's closing pattern was a "small bullish candle," with average trading volume and slightly insufficient market momentum. The weekly level recorded a "spinning top" with increased volume compared to last week, and the bullish trend remains strong. On-chain data shows low trading willingness, with a decline in turnover rate; holders at a loss are reducing their positions on dips, while profitable holders are exhibiting strong wait-and-see sentiment. Overall player confidence is stable, but there is no obvious FOMO sentiment. The range of $93,000 to $98,000 has a significant amount of positions, serving as an important defense line for Bitcoin at this stage. On a macro level, Trump's easing of tariff negotiations with the EU has boosted U.S. stock futures, with the Nasdaq futures rising over 1%, indicating a global recovery in risk appetite. The probability of the Federal Reserve maintaining interest rates in June is as high as 94.4%, and the expectation of a rate cut in July has risen to 23.9%, creating a favorable environment for Bitcoin. Overall, the long-short ratio has dropped to a relatively low level near 0.55, and there is no obvious FOMO sentiment in the market yet. Bitcoin has achieved seven consecutive weekly gains, and there is a possibility of a pullback to the 5-week line (around 104,700) this week. If Trump’s foreign policy does not create new uncertainties, even if Bitcoin experiences a certain degree of pullback, there is still a chance for it to maintain a fluctuating upward trend.