Technical analysis by wolf_king888 about Symbol BTC on 5/7/2025

📊#BTC how will it develop next❓🧠From a structural point of view, we are currently moving near the weekly resistance zone. We can only judge that we have successfully broken through the resistance zone when the closing price of the weekly candlestick chart is higher than the blue resistance zone, so we still need to remain vigilant before this condition is met.➡️If we continue to break through the previous high, it means that the bullish power is still continuing, but the breakthrough is near the gray resistance zone, so wait patiently for the opportunity of a pullback before considering participating in long trades.➡️I am not considering participating in short trades at present, because short trades are still counter-trend trades. I will only look for short trade opportunities after breaking the inflection point 93340 to establish a short structure or the price rises to the red target zone.⚠️The Federal Reserve interest rate decision will be announced today, and we will wait patiently for the signal of market structure to appear.Let's see👀🤜If you like my analysis, please like💖 and share💬 BTCUSDT.P