EIA Refinery Utilization Rate in the U.S. for the week ending May 16

Bitcoin (BTC) technical analysis provides important data to understand the recent market activity and future potential. Current Price and Market Status (as of June 7, 2025): * Current Price: Bitcoin's current price is around 104,000 - 105,000 USD. It has increased by around 2.86% in the last 24 hours. * Market Value: Approximately 2.08 Trillion USD. * 24-Hour Trading Volume: Approximately 48.93 Billion USD. * Weekly Performance: It has decreased by around 1.06% in the last week. * Monthly Performance: It has increased by around 7.90% in the last month. * Yearly Performance: It has increased by around 48.08% in the last year. Important Technical Levels and Indicators: * Support and Resistance Levels: * The previous support level of 106,000 USD has been broken and this level has now become a resistance point. * The most important support point is stated as the 100,000 USD level. It is warned to avoid opening transactions in this region. * Trend Channels: Bitcoin has broken below a rising trend channel in the short term. This situation initially indicates a slower rate of increase or the beginning of a more horizontal development. * RSI (Relative Strength Index): It is stated that short-term momentum is "strongly negative" and the RSI is below 30. This may indicate increasing pessimism among investors and further declines. However, especially in large stocks, a low RSI may also be a sign of an oversold situation and the possibility of an upward reaction. Some sources state that the RSI has risen above 50 and given a "Buy" signal, indicating that different results may occur in different time frames. * Moving Averages (MA): In general, most moving averages seem to give a "Sell" signal. * It is stuck between the 4-Hour MA50 (blue trend line) and the 4-Hour MA200 (orange trend line). * Formations: * It is stated that a "Double Top" formation has formed at the level of 108,800 and this region has been tested and surpassed twice. It is thought that the selling pressure has increased with the breakdown of the neckline and that it confirms the start of a downward trend in the short term. General Outlook: * In the Short Term: Technically evaluated as "negative". The breakdown of the support levels and the decrease in the RSI indicate that the downward trend may continue. * In the Medium Term: The breakdown of the bottom of the ascending trend channel indicates that the initial rise rate has weakened. It is evaluated as a negative signal. * In the Long Term: Some analysts support the bullish outlook with price targets exceeding 200,000 USD by the end of 2025. Pro-crypto policies and regulations, especially in the US, may strengthen market sentiment. * Factors such as the lack of net inflows into BlackRock's Bitcoin ETF and the outflow of $278.44 million from total US Bitcoin spot ETFs continue to affect the market. * The information that led to liquidations of over $1 billion in leveraged long positions, down approximately 5% in the last 24 hours, shows the market's sensitivity. In summary, although Bitcoin shows some negative technical signals in the short and medium term, positive expectations regarding its long-term potential continue.

🌹guan peace, fam, gives U💰 autumn rain point + direction with very few errors‼ Perfectly predicted 112000-111800 Fibonacci resistance (74500 rise point * 1.5), almost without a single point off 📈 ———————————————— 🌹106750/2673 short position entered 📉 🌹100350/2380 eat meat again 6400 + 290 points ———————————————— 🌹Yesterday morning 101200/2410 reversed to long at 105250/2530 🌹Eat more big meat 4000 points + 120 points ———————————————— 🌹On April 7th, long-term buy at 75000/1400 has realized a profit of 45 times with 4.3w points + 1400 points📈 On the 7th, the spot list of 15 spots has all taken off now🛫️ ———————————————— 🌹On April 7th, the layout of spot trading was perfectly executed, and we are reaping the rewards📈 1. 20gt minimum 19.9 rise 24.2 increase 21% 2, 1.9xrp minimum 1.61 rise 2.3 increase 21% 3, 110sol minimum 95 rise 155 rise rate 41% 4, 0.13 doge minimum 0.129 rise 0.185 increase 43% 5, 4.7uni minimum 4.55 rise 6.1 rise 30% 6, around 12.5 etc minimum 12.6 rise 17.5 rise 39% 7, 1250 people minimum 975 rise 1740 rise 40% 8, near 14 avax lowest 14.6 rise 23 increase 57.5% 9,510ada minimum 510 rise 725 rise rate 42% 10, 2sui minimum 1.7 rise 4.1 increase 105% 11, 120aave minimum 114 rise 190 increase 58.3% 12, 1450ygg minimum 1350 rise 2050 increase 42% 13, 580pepe minimum 570 rise 940 increase 62% 14, 460sushi minimum 453 rise 680 increase 48% ———————————————— #sol##fartcoin##eth##btc#

🌹guan peace, fam, gives U💰 autumn rain point + direction with very few errors‼ Perfectly predicted 112000-111800 Fibonacci resistance (74500 rise point * 1.5), almost without a single point off 📈 ———————————————— 🌹106750/2673 short position entered 📉 🌹100350/2380 eat meat again 6400 + 290 points ———————————————— 🌹Yesterday morning 101200/2410 reversed to long at 105250/2530 🌹Eat more big meat 4000 points + 120 points ———————————————— 🌹On April 7th, long-term buy at 75000/1400 has realized a profit of 45 times with 4.3w points + 1400 points📈 On the 7th, the spot list of 15 spots has all taken off now🛫️ ———————————————— 🌹On April 7th, the layout of spot trading was perfectly executed, and we are reaping the rewards📈 1. 20gt minimum 19.9 rise 24.2 increase 21% 2, 1.9xrp minimum 1.61 rise 2.3 increase 21% 3, 110sol minimum 95 rise 155 rise rate 41% 4, 0.13 doge minimum 0.129 rise 0.185 increase 43% 5, 4.7uni minimum 4.55 rise 6.1 rise 30% 6, around 12.5 etc minimum 12.6 rise 17.5 rise 39% 7, 1250 people minimum 975 rise 1740 rise 40% 8, near 14 avax lowest 14.6 rise 23 increase 57.5% 9,510ada minimum 510 rise 725 rise rate 42% 10, 2sui minimum 1.7 rise 4.1 increase 105% 11, 120aave minimum 114 rise 190 increase 58.3% 12, 1450ygg minimum 1350 rise 2050 increase 42% 13, 580pepe minimum 570 rise 940 increase 62% 14, 460sushi minimum 453 rise 680 increase 48% ———————————————— #sol##fartcoin##eth##btc##周末行情分析#

#PI#I just want to know, this long order has been hanging for almost a month, is there still hope for it to go back?[闭嘴][闭嘴][闭嘴]

It's over, I just woke up, I looked at the K-line and thought about it empty, and then you know...... #BTC##ETH#