Bitcoin fell below the 20-day moving average on May 29, and after a rebound over the past three days, it has again tested the 20-day moving average today.

From the volume-price relationship, the rebound trading volume is significantly lower than the selling volume, indicating relatively weak buying pressure, so the probability of directly breaking through the 20-day moving average is low. It is likely to test the support level of 102,000 again.

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