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BTC: As of May 14, 2025, the current price of BTC is $103,700; yesterday's closing pattern was a 'small bullish candlestick', but the trading volume decreased compared to the previous day, indicating a weakening of bullish momentum. On-chain data shows that yesterday, there was a net outflow of 890 Bitcoin (approximately $9.14 million) from the U.S. spot Bitcoin ETF, revealing selling pressure from institutions. The current turnover rate is on par with the previous day, lacking new capital inflow, with the market primarily consisting of short-term speculators, and a high profit-taking ratio, while long-term holders are limited in their participation, indicating insufficient market confidence. On a macro level, last night's CPI decreased by 0.1% month-on-month, which is a short-term positive for Bitcoin, but the expectation of a rate cut by the Federal Reserve in July has weakened (CME FedWatch shows an increased probability of maintaining interest rates), posing potential medium-term risks to the market. Overall, Bitcoin is in a short-term consolidation pattern, and caution is advised regarding the risks of a pullback due to shrinking trading volume. From the perspective of chip data, a large number of chips have accumulated in the range of $93,000 to $98,000, forming a solid defense line and providing reliable support for the price in the short term.

BTC: As of May 13, 2025, the current price of BTC is $102,700; it has decreased by 1.27% within 24 hours, with a low of $100,700. Yesterday's high close pattern was a 'spinning top', accompanied by a certain volume, indicating a lack of strength from the bulls and a dominance of the bears in the short term. On-chain data shows that the net inflow of U.S. spot Bitcoin ETFs yesterday was 49.96 BTC (approximately $5.2 million), with limited institutional fund inflow but confidence not lost. Trading volume was concentrated in the U.S. session, coinciding with the U.S. Treasury auction (3-month and 6-month), which performed weakly (rising yields, declining subscription multiples), potentially leading some funds to flow from Bitcoin to U.S. Treasuries. The turnover rate data indicates that trading activity has not significantly exceeded last week, and players are not panicking due to the decline, with most still holding an optimistic view on the market outlook. On a macro level, the U.S. dollar index has risen to 101.5, and the 10-year U.S. Treasury yield reached 4.46%, with the Federal Reserve's interest rate cut expectations adjusted down to two times, both of which exert pressure on risk assets. In summary, although the price is under pressure, Bitcoin demonstrates strong resilience. The technical aspect also provides support: the support range of $96,000 to $98,000 is solid, indicating that the market is in a healthy adjustment phase in the short term. However, there has been a divergence in the overall direction of Bitcoin's trend, and the difficulty is increasing. Normally, higher demand leads to higher prices; currently, there is a divergence between price and demand, suggesting that it may not be able to push prices further. Therefore, the conditions for a violent bull market are still not mature at this time. This implies that Ethereum and altcoins cannot be expected to reverse at the moment! Next week, focus on whether Ethereum's weekly BOLL can hold up! This could determine whether the market will reverse or rebound?

BTC: As of May 12, 2025, the current price of BTC is $104,000; yesterday's closing pattern was a "small bearish candle," indicating a temporary balance of bullish and bearish forces, but the weekly level shows a "large bullish candle," suggesting that the medium to long-term trend remains bullish. On-chain data shows low weekend turnover rates, and market selling pressure is relatively small, with bulls still in control. On a macro level, the US-China 90-day tariff agreement (30% on the US side, 10% on the China side) boosts market confidence, and the rise in CME futures reflects optimistic sentiment. However, this week's CPI, PPI, and retail sales data will directly impact expectations for Federal Reserve policy; if inflation exceeds expectations, BTC may come under pressure. Overall, Bitcoin may continue to fluctuate in the short term, with a focus on the defense of the support level at $96,300; if it stabilizes, it will further advance; if it fails to hold, caution is warranted regarding the risk of a pullback, with the overall direction remaining bullish.

BTC: As of May 9, 2025, the current price of BTC is $103,600; the daily closing pattern from yesterday was a 'medium bullish line', with volume increasing compared to the previous day, indicating strong bullish momentum at present.

On-chain data shows that the U.S. spot Bitcoin ETF had a net inflow of 1,210 BTC (equivalent to $117 million) yesterday, indicating that institutional confidence remains solid; the turnover rate has decreased, and the total BTC supply on exchanges continues to decline, showing limited selling pressure, with chips concentrating towards long-term holders. A slight reduction in the range of $92,000-$97,000 has not damaged support.

On a macro level, the New Hampshire Strategic Reserve Bill, the Trump UK-US trade agreement, and expectations of easing from Long Ge overshadowed Powell's pessimistic remarks.

Overall, the current market is driven by events, with FOMO sentiments pushing prices higher; however, monetary policy has not yet shifted towards easing, and short-term volatility risks still exist. Technically, $107,300 is the next resistance level. If favorable conditions continue to develop, BTC is expected to challenge new highs, and ETH's subsequent rise also injects confidence into the market.

The information and data contained in this content are sourced from publicly available materials, striving for accuracy and reliability, but no guarantees are made regarding the accuracy and completeness of the information. This content does not constitute investment advice, and any investment based on it is at your own risk.

BTC: As of May 8, 2025, the current price of BTC is $99,200; the daily closing pattern yesterday was a 'Doji', with trading volume remaining subdued, reflecting a temporary balance of bullish and bearish forces in the market, and the short-term direction is unclear. On-chain data shows that yesterday, the net inflow of the U.S. spot Bitcoin ETF was 1,470 coins, worth $142 million, indicating that institutional investor confidence remains intact; Bitcoin is highly concentrated in the range of $92,000 to $97,000, with long-term holders showing a low willingness to sell, which forms strong support in this range. On a macro level, on May 7, the Federal Reserve maintained interest rates, and Powell's hawkish remarks intensified market fluctuations, but the rise of U.S. tech stocks provided a tailwind for Bitcoin. Overall, the current trend of Bitcoin can be described as 'three steps forward, one step back', gently rising with slight adjustments, demonstrating strong endogenous momentum. In the short term, Bitcoin is expected to continue its upward trend amid a lack of significant negative factors, but if the price quickly surges to the range of $101,500 to $103,000 or near $106,000, the risk of a pullback will follow.

BTC: As of May 6, 2025, the current price of BTC is $94,100; the daily closing pattern yesterday was a 'spinning top', indicating a fierce battle between bulls and bears, with bulls temporarily in control, but the trading volume is average, suggesting that bullish momentum has weakened. The weekly level 'shooting star' pattern indicates a bearish outlook, and caution is advised regarding bearish signals.

On-chain data shows that the U.S. spot Bitcoin ETF had a net inflow of 4,516 coins (approximately $425 million) yesterday, indicating that institutional funds still have confidence in the current price, and the Bitcoin supply in the $92,000-$97,000 range has increased, suggesting that the market recognizes this range as support.

On the macro level, this week the market focus is on the Federal Reserve's interest rate meeting early Thursday morning. Before the meeting results are announced, market sentiment will remain cautious, and high volatility may continue.

Overall, Bitcoin may continue a short-term downward trend, with a recommendation to watch the $92,200 support level; if it breaks below, it may further test down to $88,000. It is essential to closely monitor changes in trading volume and the progress of macro events.