Technical analysis by CrazyInvestorTom about Symbol BTC: Sell recommendation (5/31/2025)

Technical analysis of BTC contract on May 31:Today, the large-cycle daily level closed with a small negative line yesterday, the K-line pattern continued to fall, the price was below the moving average, and the attached indicator was dead cross. The current decline in the big trend is very obvious, but we must pay attention to the support trend at the weekly level, and the main support position is at the 100,000 integer mark; the overall trend of the short-cycle hourly chart is in a staged decline, and the pullback is close to the high point and is under pressure and breaks down the low point. The high point of the early morning pullback is under pressure near the 105,000 area. The current K-line pattern is continuous, the price is below the moving average, and the attached indicator is dead cross. In this way, there is still a demand for decline during the day.Trading strategy:Sell in the 103,600 area, stop loss in the 104,300 area, and target the 102,500 area;