April 24 Market Personal Analysis

In the blink of an eye, it has been over ten days since April 7 and April 14. The market has risen from 74,500 to 94,700, a nearly 30% increase of 20,000 dollars in half a month. Can anyone tell me that there are not many opportunities in the crypto space? Is there no wealth effect? As I've said before, the most frightening thing is insufficient awareness and awakening! On April 7 and April 14, those two articles constantly reminded that the market had bottomed out and it was basically time to get in. However, many people were still trapped in old news and did not pay attention to the technology, instead stopping their losses at the bottom, only to look back and realize they sold at the floor, then watching the rebound and surge, missing out completely. This is the most terrifying part! Alright, enough of that, let’s return to the real market analysis!

Bitcoin:

Yesterday, it basically hit the reversal point of 94,000 that we predicted nearly a month ago, instantly blowing up all the bears and bringing back the market's enthusiasm. In the first half of the month, many family members said they were losing money and wanted to exit the market, returning to project circles or the real economy. When I encounter friends in similar situations, I always advise them to firmly believe that there are still opportunities for industry development. Don't easily exit the market; if you lose money and exit, then you really lose! So, it's vital to accumulate knowledge and learn during bad market conditions to welcome every future phase of good market conditions!

Currently, Bitcoin is on the path of reversal, so all indicators and cycles have opened an upward channel. Those still hoping for a big drop may be disappointed. The current resistance levels are 96,200/98,500, and recently it's consolidating around 94,000/92,100, with the worst being 91,500/88,000 for consolidation. Therefore, for those who understand the technology and are looking to profit while controlling their positions, you can take advantage within the range. For those who don't understand the technology very well, you can choose to continue to 'lie flat' until May/June. If the situation does turn bad later, it won't be too late to exit then! For those who have missed out, it's quite awkward. You must have the courage to engage; if you don't, the market will continue to rise, which is even more painful. You can only wait for the next round. Speaking of which, how many rounds of bullish markets can we have in a year? That's why I always say cherish each step and pay attention to Bishi, so you don't lose your way in the big direction! (ps: I suggest checking out the articles from April 7 and April 14 again)

The above is purely a personal opinion and analysis, not investment advice. The cryptocurrency market has risks, and investing requires caution. $BTC $ETH $SOL