Yesterday, Bitcoin surged to $95,000, and today there has been a pullback, currently touching the position of $92,743. Last night was a trial, how will the main force break through later? And can it break through? Or if it cannot break through, will it walk back? These are the choices faced by the current market makers!

The current position is at a high area over the past two months. Rather than breaking through directly, a more ideal trend would be to first make a gentle, rhythmic pullback. Remind everyone to prepare for both possibilities:

1. The next monthly line pullback is most likely to occur at the end of this month or the beginning of next month, especially historically, May has larger fluctuations. The ideal situation is to first pull back to the EMA and the support area to consolidate, which not only makes the structure more complete but also more clearly identifies the next high-odds entry point.

2. It is expected that Bitcoin may pull back to the $87,000 area, but this will require a long observation time and it may not necessarily fall to that point. Therefore, investors should remain patient and consider gradually buying at multiple positions such as $87,000 and $91,400 to diversify risks.


Long-term trend and strategy for Bitcoin:

The bullish trend of Bitcoin has been established, and various indicators and macro environments support its continued rise. It may break $100,000 in May. On the 4-hour level, Bitcoin is in a high consolidation, suggesting to buy on pullbacks to avoid chasing highs, with a stop loss around $86,200, targeting above $100,000, with a risk-reward ratio of about 31:3.8, suitable for long-term operations, applicable to both contracts and spot trading.

For those seeking stability: it is recommended to keep a good bottom position, gradually sell off the chips bought at the last bottom at higher prices, and regain control of positions for emergencies. At the same time, support buying long, set a small stop loss to offset the sold position, so even if there is a big pullback, the position won't go back. In the short term (over the next 5-6 days), one can look to buy long on pullbacks, and switch to short after Bitcoin accelerates upwards.

The rebound on the altcoin level will not end instantly; after a short-term rebound, there will be a pullback, but it will continue, expected to last until early May.

From blockchain games (magic) → AI (lpt) → meme (turbo) → DeFi (syn) → bankruptcy sector (ftt), it has only been 4 days, it's too short-lived. Previously, it killed the bulls, started killing the bears in April, built a base in May, and soared in June after interest rate cuts. Let's see if it goes as predicted.

In this market, unless large funds buy at the bottom, or catch news events, or enter and exit quickly to profit and leave, it is similar to how TRBMP was pulled yesterday without sustainability, relying on hype, just like Sun.

TRUMP

The meme team of the Trump campaign empowered him, causing a surge of 150%, which has exceeded the scope of technical analysis. Currently, whether going long or short, the odds are not high, and the structure is unclear. But the aim is definitely to offload, however, for traders, these are not important; what matters is whether you seized the opportunity.

JOS

Last night, a golden dog JOS emerged, a new AI project, which is a modular framework based on Julia predictions. The project is locked for a year, and after last night's analysis, it had a market cap of only 1.7 million (so cheap that everyone thought it was a scam). By this morning, it could reach 17 million, a 30-fold increase. This time, it really made a killing, and it can be closely monitored going forward.

However, from the rough and somewhat clumsy opening of Jos, to the rapid violent surge, and just now seeing the media in the crypto circle sending out brief news, this is very likely to be the meme type I mentioned (internal group has been sent), let's see how it plays out later. If it quickly rises to some smaller exchanges later, then it will look even more like it.

SUI

This wave of trend is too pretentious; it dares to act like this without having moved long at a bottom. The difficulty of going above 10 later will be great; if it can go up, it will at most form a double top, around 5 or 6, with about a doubling of the rising range. Yesterday's large bullish candle has completely exposed its intention; below 2.7 it is garbage, above 2.7 it has value. It is suggested to buy at the $2 level.

Today, BN announced that it will delist ALPACA, PDA, VIB, and WING on May 2nd.

ALPACA's price once plummeted to 0.029 USDT. However, the price quickly rebounded to 0.085 USDT, with a rise of as much as 93.16%.

Regardless of whether this wave of market is driven by market makers or retail FOMO emotions, it is undoubtedly about squeezing shorts for offloading; the rise is also to kill shorts. I have mentioned delisting coins many times, do not buy!