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Morning thoughts sharing on May 12, 2025.
The Bitcoin once surged to 105,000, but then plummeted south to around 103,500, currently sitting around 104,500.
During the day, the focus remains on the southern fluctuations. Pay attention to the top resistance at 105150, the middle support at 103250, and as long as the lower support does not break below 101000, the trend remains intact. Cautious investors can wait for a dip to enter at the lower support.
Suggestions:
Bitcoin: The target is to move down to around 10400-103500, aiming for around 10500-10600.
Two coins: Head south to around 2520-2500, targeting around 2560-2600.
#BTC #ETH