On May 15, Bitcoin tested the $100,000 level before rebounding and holding above $103,000. Altcoins struggled, with notable declines in APT, AVAX, and UNI of 6%-7%. Analysts view the recent pullback as a normal correction within a larger uptrend, suggesting potential for continued growth through June and early July, despite the short-term profit-taking by traders. This market adjustment coincided with mixed U.S. economic data releases, showing softer business activity without affecting traditional markets significantly. The S&P 500 rose by 0.4%, while the Nasdaq stayed flat. Analysts emphasize that the current situation is part of a medium-term bullish trend, and while a correction is taking place, a significant market shift may not occur until late July or August due to decreasing financial easing expectations.

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