BTC: As of May 27, 2025, the current price of BTC is $109,300; the closing pattern from yesterday was a 'spinning top', indicating consolidation in a high range, showing that the battle between bulls and bears is becoming increasingly tense, with the short-term direction still to be confirmed. Trading volume has decreased, and momentum is weakening, with bulls having a slight advantage.
On-chain data from Coinglass indicates that if the price of Bitcoin breaks through $111,000, it will trigger short liquidation pressure of up to $1.135 billion on major centralized exchanges; if the price falls below $109,000, it will trigger a long liquidation risk of about $243 million.
On a macro level, Trump's camp has released positive signals, planning to raise $3 billion to invest in the crypto sector. Although this has not yet materialized, it has significantly boosted market sentiment. If this week's PCE inflation is lower than expected, it will add confidence to the cryptocurrency market.
Overall, the current support range for Bitcoin is between $93,000 and $98,000, showing resilience at the bottom, while support in the $100,000 to $105,000 range is relatively weak, mainly due to strong short-term speculative sentiment in the market. The increase in turnover rate indicates that a large number of short-term positions are being converted, and the market has not yet formed a unified direction, but overall sentiment is moderately strong. It is expected that Bitcoin will maintain a volatile upward trend in the short term.
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