In the live broadcast of Star Academy: Will the future market continue to soar and hit the 11W mark, or will it go south and fall back to attract investors?

Click on the link to enter the live stream: https://meeting.tencent.com/p/7346281523 (Note: Tencent Meeting APP needs to be downloaded) Hello everyone, I am Raccoon. According to the Bitcoin daily chart, the price has been fluctuating in the range of $103000-105000 since breaking through $100000 on May 9th, and has not fallen below the psychological threshold of $100000. The short-term support level has risen to $102500 (4-hour level EMA20), while the resistance level remains at $106000 (since the February 2025 high). The "double bottom pattern prototype" mentioned in the previous video analysis lacks actual price trend support and is currently closer to a high-level consolidation pattern. Macroeconomic news: Positive news for China US trade negotiations: China and the US reached a trade agreement in Geneva, Switzerland, easing geopolitical tensions and driving up risk asset appetite. Bitcoin once surpassed the $105000 mark. Continued inflow of institutional funds: The net inflow of US Bitcoin spot ETFs exceeded $4 billion in a single week, and BlackRock IBIT experienced a net inflow for 20 consecutive days, setting a record for the longest inflow in 2025. Technical indicator analysis: The daily relative strength index (RSI) has reached 75, indicating an overbought area, but it has not triggered a large-scale sell-off, indicating that market sentiment remains optimistic. The 4-hour level shows an "upward flag" pattern, with the current price fluctuating within the range of $103500-105000. The decrease in MACD momentum indicates an intensified long short game. The daily level EMA moving average maintains a bullish position, but the MACD momentum has weakened, so we need to be alert to the risk of short-term pullbacks. Suggestions for short-term trading on May 12th: Bitcoin has fallen by over 102800-102300, with a target of 104500-105500, while Ethereum has fallen by over 2450-2430, with a target of 2530-2580! Weibo account: Raccoon FinaNce QQ group number: 810794095 Meeting number: 734-628-1523 Disclaimer: The above content only represents the author's personal opinion and is for communication and sharing purposes only. It does not represent the position or viewpoint of AiCoin and does not constitute any investment advice. Based on this investment, there may be external contacts, which have nothing to do with AiCoin, and the consequences shall be borne by oneself.