Bitcoin experienced a sharp fluctuation in the morning, and after a fierce battle between bulls and bears, the intraday market quickly stabilized, entering a narrow range of consolidation and adjustment.

Combined with recent multiple news factors: Trump's upcoming visit to China, Federal Reserve Chair Powell's imminent appointment, and Iran's rejection of the US ceasefire agreement. This has led the market into a critical phase of "waiting for signals and cautious betting."
Before that, the market is likely to continue the pattern of "morning volatility and intraday oscillation," with short-term swings intensifying, making it difficult to form a single-direction trend.

For traders, the most taboo thing now is to chase highs and sell lows blindly, as both long and short positions can easily lead to double-sided harvesting and account value shrinkage. Patience is key—wait for signals to materialize before making reasonable arrangements. Opportunities always exist within the trend, and trends are always born after oscillations!

Gold has reached mid-May, and this week’s main focus is the Fan Cang plan, rejecting random guesses on direction, chasing highs and selling lows. Li Chengfeng is always online! $BTC #特朗普5月13日访华