BTCUSD: SELL 102900, SL 104200, TP 98500 | 14 May 2025

The anticipated final wave in the upward impulse turned out to be shorter than expected. After slightly updating the local high, selling pressure quickly resumed, resulting in a notable decline. This suggests that the upward impulse, also identified as wave [i] of a larger developing impulse, has been completed. The current decline is likely the beginning of a corrective wave [ii], which is generally expected to take the form of a simple zigzag. A minor corrective rebound may occur in the short term, after which the downtrend should resume. In this scenario, short positions should be considered. Investment idea: SELL 102900, SL 104200, TP 98500.