‼️May 25th Encryption Major Event ‼️

1️⃣Over 11,700 Bitcoins have flowed out of CEX platforms in the past 7 days.

2️⃣B market capitalization exceeds 300 million USD, 24H increase of 51.34%

3️⃣X platform failure or due to a fire at its rented data center in Oregon.

4️⃣The Texas Bitcoin Reserve Bill is about to enter the second reading stage.

5️⃣James Wynn has completely closed out a long position in BTC worth 1.2 billion dollars.

6️⃣Telegram rose one place to rank eighth in global app downloads in the first quarter of this year.

7️⃣ In the last hour, the entire network saw liquidations of 59.63 million USD, mainly from long positions.

8️⃣Solana launches the new validation service Solana Attestation Service (SAS)

9️⃣Swiss watchmaker Franck Muller has launched a watch linked to the Solana wallet, priced at approximately $24,356.

The 10 countries' spot Bitcoin ETF recorded the highest weekly trading volume since 2025, with a total trading volume of 25 billion USD and a net inflow of 2.75 billion USD.

1️⃣In the past 24 hours, the entire network has liquidated 180 million dollars.
2️⃣Total contract positions across the network: 1489.7 billion USD
3️⃣Total transaction volume in the entire network for 24 hours: 189.64 billion USD

Cherish !️ life, cherish life! !️

Market Analysis📈📉

#BTC In today's morning session, BTC broke below the support level of 108500, confirming the end of the minor rebound structure. The price tested the bottom near the daily support level of 107000 again before stopping the decline.

From the daily chart structure, the overall trend still maintains a bullish tendency, and the upward structure has not been broken. However, whether the rebound can continue and form a second upward attack depends on whether the four-hour level can stabilize above the 108500 resistance level.

📌 Current key structural position description:
• 108500: Shifted from support to the current key resistance level on the four-hour chart. If the four-hour closing price stabilizes above this level, there is hope for a further short-term upward attack;
• Upper target pressure: The first target level looks at 109500, strong pressure level looks at 111300;
• If the price cannot stabilize at 108500 within four hours, the pullback will likely continue, and the market will probably test the lower daily support zone of the bullish-bearish dividing line again —
106800-106000 range.

If the key support zone is effectively broken and closes below, the upward structure at the daily level will be destroyed, and the possibility of a transition to a daily level adjustment next week will significantly increase.

📍Operational Strategy Suggestions:
• Pay attention to the gains and losses at 108500 for short-term trading, as it serves as a critical point for the direction of long and short positions.
• If it holds steady at 108500, a light position can be set up for short-term trading, targeting 109500-111300;
• If it falls below 107000 again and confirms a break below the 106800 support, then the bears will dominate.
The above analysis is for reference only! Everyone can also make corresponding arrangements for mainstream coins, altcoins, and shanzhai coins based on the correlation effect of Bitcoin!