BTC Midday Market Share (May 29, 2025)

I. Market Outlook

BTC has currently broken below the 4-hour support level, entering a critical battle zone at the 6-hour level. If the 6-hour level cannot effectively hold, we need to be alert for further pullbacks to the 12-hour level risk. Today's BTC annual conference has concluded, and market sentiment is sensitive, so we must guard against short-term volatility triggered by news (such as 'policy benefits being realized leading to selling' or 'negative news accelerating panic').

II. Technical Highlights

1-Hour Level: A short-term rebound signal has appeared due to a 30-minute bottom divergence, but the 1-hour level is still constrained by the EMA moving average (currently about $107,000). We need to stabilize above $107,800 to confirm the continuation of the rebound.

6-Hour Level: The MACD's DIF line has touched the 0 axis. If it can rely on the 0 axis support to form a golden cross after closing, it is expected to stop the decline; conversely, if it falls below, it may trigger a downtrend at the 6-hour level.

12-Hour Level: If the 6-hour level fails, we need to pay attention to the key support zone of $106,500-$105,000 below, which is a previous area of dense trading volume and a technical bullish defense line.

III. Key Support and Resistance

Support Levels: 106500 → 105000 → 102700

Resistance Levels: 108500 → 109200 → 110000

IV. Risk Warning

Volume-Price Divergence Risk: Current trading volume is about 15% lower than historical highs, be wary of a second bottoming after volume-less rebounds.

News Disturbances: After the conference, market expectations are realized, and we need to guard against selling pressure or sudden negative policy triggered by 'buying expectations and selling facts.'