Look at the picture and talk #BTC走势分析

Today's market's core conflict is between 'technical rebound momentum' and 'head and shoulders breakdown risk':

✅ Bullish opportunity: Long positions with light exposure near $104,500, with strict stop-loss at $103,800, betting on seasonal patterns + institutional funds support.

🛡️ Bearish logic: Maintain short positions on rallies until a breakout above $107,500, with stop-loss set above $107,800.

🔍 Observation priority:

21:30 US PCE inflation data (determines the probability of the Federal Reserve's rate cut in June) 23;

Can ETH hold above $2,500 and significant on-chain movements (accumulation of $580 million orders at $104,000) 16;

FTX repayment fund flow (potential new liquidity of $5 billion) 1.