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.

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: May 17, 2025 Bitcoin (BTC) Latest Market Analysis

The current price of Bitcoin is 103,900. It is now 2 AM Beijing time. The resistance level has not been broken, but the target point has been reached. Yesterday, I mentioned the upward point around 102,000, with the target above 104,000. The real-time data has also been updated, and I won't say much more since this is a very normal trend and easy to grasp. Let's take a look at the current market.

On weekends, the trend is generally sideways. Before this article was published, the daily K-line reached a high of 104,500 and a low of 103,000. The EMA15 trend fast line support has reached the 101,000 mark, with a high probability of hitting the 0.786 retracement line. Therefore, we cannot rule out the possibility of the main force testing the trend line support, especially in the case of divergence in the trend indicators. The MACD shows a top divergence with reduced volume, and the DIF and DEA are contracting at high levels. However, the K-line shows a trend of wanting to pull up. The Bollinger Bands upward channel remains unchanged, with the upper resistance level reaching 107,650, still expanding upwards. The overall trend is still bullish.

The four-hour K-line is also oscillating upwards, having risen above the EMA trend indicator. Pay attention to the support at EMA60, which is at 101,800. The MACD has ended its volume reduction and is increasing again, with the DIF and DEA forming a golden cross. The short-term resistance point is at the upper Bollinger Band at 104,850. If the resistance level is not broken, consider a short position; if it breaks, there is a high probability of hitting the previous high. So, keep a flexible approach.

Short-term strategy reference: The market is never 100% certain, so always set stop-losses. Safety first; small losses and big gains are the goal. Especially if key resistance and support levels are broken, you must stop loss and not hold onto losing positions.

For upward testing points, consider 102,000 to 101,500, with a defense at 101,000 and a stop loss of 500 points. The target is 104,000 to 104,500, with a breakout target of 105,000.

For downward testing points, consider 105,000 to 105,500, with a defense at 105,800 and a stop loss of 500 points. The target is 103,000 to 102,500, with a breakout target of 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, and the suggestions are for reference only; risks are to be borne by you.

This article is exclusively contributed by the Cryptocurrency Community Expert and represents the expert's unique viewpoint. 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 viewpoints 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 to 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!

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