🚀 Analysis of BTC pump yesterday: Brief yet comprehensive perspective
Yesterday's pump was a "short squeeze" phase aimed at liquidating liquidity. Below are the highlights from this event, helping you understand the current market situation:
🌍 1. Macro market correlation
As gold prices drop and US stocks recover, the crypto market benefits significantly, especially in the technology group like AI Agent.
🔥 2. Performance of coin groups
⬇️ The Layer-1 group is quite weak, but the SUI ecosystem remains a bright spot, always recovering strongly whenever the market is bullish.
💧 3. Weak liquidity and high profit-taking pressure
💰 The market liquidity is insufficient to create a strong overall upward wave. Only a few strong coin groups are chosen to lead.
📉 After the pump, profit-taking from derivatives (perp) quickly pushed prices back to previous levels due to a lack of buying power from spot.
🌟 4. SUI leads the recovery
📈 Token $SUI increased by over 60% (from $1.7 to $3).
🚀 Ecosystem tokens like $DEEP, $WAL, $NS, $CETUS also saw impressive recoveries.
💡 If $SUI drops to the $1 - $2 range, it still presents a good accumulation opportunity.
🤖 5. AI Agent group remains the focal point
⚡ This group shows strong recovery performance, with standout names such as:
$VIRTUAL, $AI16Z, $AIXBT, $GRIFFAIN, $COOKIE.
🎯 Strategy:
Monitor the two leaders $VIRTUAL and $AI16Z — if either leads the wave, other coins may follow.
📛 Warning: Prices have increased significantly, avoid chasing purchases to mitigate risks from market manipulation.
📅 6. May - A crucial phase
🛒 This could be a good time to accumulate while US stocks are recovering.
⚠️ However, caution is advised regarding the risk of “Sell in May.”