Cryptocurrency Academician: On May 31, Bitcoin will reach 110,000. Don't rush to confirm the pullback; once confirmed, it will continue to head south for the second time! The short-sellers are closing in! Latest market analysis reference.

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1 day ago

The essence of trading is survival, and only then comes profit. Therefore, before each operation, think carefully about whether your actions are reasonable and whether your capital is safe. You need to develop a trading mindset that belongs to you, continuously optimizing and improving it. Although the suggestions from the cryptocurrency community may not make you rich overnight, they can help you stay in the game. Only those who survive in the cryptocurrency space for the long term and persist until the end can achieve the results they desire. I hope you understand this.

I am a warrior in the cryptocurrency community, always protecting the retail investors. I wish my followers financial freedom by 2025. Let's work hard together!

Cryptocurrency Community Expert: Latest Bitcoin (BTC) Market Analysis as of May 31, 2025

The current price of Bitcoin is 104,000. It is now 1:30 AM Beijing time. Yesterday, I mentioned that Trump's 3 billion bet should not be taken seriously. Friends holding coins above 110,000 should not rush to exit. Before this article was published, liquidation had already begun, and the market has dropped below 104,000. Some fans have been messaging me asking where to exit. My reasoning is simple: first, pay attention to the EMA30 trend support point at 103,300. As long as there is no substantial breakthrough at this position, you can take profits.

Currently, we see four consecutive bearish daily candlesticks. After reaching the EMA15 trend resistance at 106,300, it began to push down towards the EMA30 trend support at 103,300. This is the first time in over a month that the daily candlestick has retraced to the EMA30, so it needs to be closely monitored to prevent a rebound at this position. Additionally, the MACD top divergence has not yet concluded, and the reduction in volume with increased short positions is quite evident. The DIF and DEA are expanding downwards from a high position, and with the Bollinger Bands contracting and opening downwards, the candlestick has broken below the middle band and is now pushing down towards the lower band support at 101,100.

The four-hour candlestick has formed a bearish trend, with the EMA trend indicators alternating downwards, forming a double death cross trend. It has dropped sharply from the EMA120 trend at 105,500. The MACD has continuously reduced volume while increasing short positions, and the DIF and DEA have broken below the energy indicators. The Bollinger Bands are opening up, and the candlestick is expanding downwards around the lower band at 104,000. The downward gap has already opened. Whether we can hold the key support depends on whether any positive news will emerge. Until then, the bearish trend is clear. Friends who have not exited above 110,000 can continue to watch us while we take profits. Wait for the sharp drop to stop, then wait for a pullback, and after the pullback, wait for confirmation before making any moves.

Short-term reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big profits are the goal.

For a long position, try entering between 101,500 and 101,000, with a stop-loss at 100,500 (500 points). The target is 102,500 to 103,500, and if broken, look at 104,500.

For a short position, reference points are between 105,500 and 105,000, with a stop-loss at 106,000 (500 points). The target is 104,000 to 103,000, and if broken, look at 102,000.

Specific operations should be based on real-time market data. For more information, you can consult the author. There may be delays in article publication; the suggestions are for reference only, and risks are to be borne by you.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique views. In-depth research has been conducted on BTC, ETH, DOGE, DOT, FIL, EOS, etc. Due to the timing of the article's release, the above views and suggestions may not be real-time and are for reference only. Risks are to be borne by you. Please indicate the source when reprinting. Manage your positions reasonably and avoid heavy or full positions. The expert also hopes that all investors understand that the market is always right. If you are wrong, you should reflect on where the problem lies. Do not let the profits that should be yours slip away. There is no need to be smarter than the market; when a trend comes, respond and follow it; when there is no trend, observe and remain calm. It is not too late to act once the trend becomes clear. Tomorrow's success stems from today's choices. Hard work is rewarded by heaven, goodness by earth, sincerity by humanity, trust by commerce, excellence by industry, and heart by art. Gains and losses often occur unexpectedly. Develop the habit of strictly setting stop-losses and take-profits for each trade. The Cryptocurrency Community Expert wishes you happy investing!

Warm reminder: The above content is solely created by the author of the public account. The advertisements at the end of the article and in the comments section are unrelated to the author. Please discern carefully. Thank you for reading.

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