Brothers, this situation has really become increasingly chaotic recently; tariff policies are changing like a child's game, faster than flipping a book! First, they messed up the economy, and now they are getting into Trump's dinner; it's simply incomprehensible! Since this guy took office, the market volatility has been tremendous, and short-term traders have already suffered quite a bit.
Remember: if it is outside of what you can understand, it’s best not to touch it! (Especially contracts and altcoins that seem capable of creating miracles, but in the end, they're usually just empty!)
1. If 95,000 is the peak of this rebound, then the price in this vicinity needs to oscillate for at least two weeks;
2. If this is not the peak, then it will continue to oscillate upward, but the oscillation period may be longer.
Conclusion: The idea of shorting at the top is still too early from both a time and structural perspective; the market that started from 75,000 is a large-scale bullish trend; the current market has returned to a short-term trading phase, which is not a good time for large-scale operations.
If you want to catch the peak?
It's actually quite simple; this surge started from a MACD divergence in a 3-day downtrend. We must at least wait for a daily MACD divergence to occur, as shown in the picture:
In the current market, we need to first see if we can close a bullish candle tomorrow and if we can break through 94,000. Because the lagging band is still within the clouds, it must completely break through to form a trend upward. If it closes as a bearish candle, the price will enter a consolidation range, and the consolidation period may occur within the alternating zones of bearish and bullish, i.e., between May 13 and May 20, before starting another wave of trend changes.
To summarize: in this breakout market, if it delays indecisively, there will be problems. Today is Friday, and if it drags on until the weekend, it's basically hopeless. Therefore, we still need to wait for tomorrow to confirm whether the general can seize the short-seller's position, looking at whether it closes with a bullish or bearish candle at 8 AM tomorrow to make a judgment.
Because Bitcoin hasn't dropped, some altcoins have started to show a 'small spring' rhythm—overall rebound speed is quick, and the amplitude is fierce, looking quite impressive.
In this market, while prices have risen, to form a sustained trend or a reversal, at least three points must be met:
1. Clear price structure;
2. A large amount of capital continues to flow in;
3. Market sentiment shifts from divergence to consensus.
Without these three foundations, no matter how much it rises, it might just be a 'rise and rest.' Like those 'low market cap altcoins'—sometimes there will be a V-shaped reversal, and a 100% increase in one or two days is not surprising. If such opportunities arise, take the chance to earn a bit; if not, don't force it. Those who get in hard will likely end up as the 'chives'...
Trump's recent dinner activities have caused quite a stir in the crypto world!
The 'turmp' website released a message stating that the top 220 holders of this token will have the chance to dine with Trump, and the top 25 lucky ones will not only attend the dinner but also enjoy VIP treatment and visit the White House! This 'world's most exclusive invitation' is incredibly exciting—everyone can 'listen closely to Trump discuss the future of cryptocurrency' at the dinner, which is simply too enticing.
As soon as this news was released, it immediately drove the price of 'Trump Coin' to soar. Since Trump took office, the price of this token had been on a downward trend, but after the dinner invitation was released, on the 23rd, the price of Trump Coin surged nearly 60%, reaching a peak of over $14.7, the highest point since early March.
The top 25 buyers who hold the most 'Trump coins' can not only attend the dinner but also first join the reception and have the opportunity to visit the White House the next day as VIPs; it's truly 'noble treatment'!
Unexpectedly, Trump then released the sign-up link, and one user excitedly signed up, and then—an incredible move came! He took the username 'elon' and revealed his Solana address, yes, it's the operation of the 'world's richest man'—Musk!
Regardless of whether this was intentional on Musk's part or pure mischief, the crypto world is truly buzzing! As soon as people saw the username 'elon', it exploded, especially given Musk's influence in the crypto space; everyone knows how much volatility his words can bring.
Many foreigners have also discovered this address, thinking it's Musk's address, and immediately launched a MEME coin (elon), distributing 70% of the chips to users. The market cap of this coin peaked at 4 million, but users directly exited.
Then users came out to dispel rumors, even those internet celebrities were stunned... So, opportunities are always there; the key is to have an open mind to seize moments of reversal.
On the other hand, Ethereum will undergo an upgrade on May 7, and related tokens around its ecosystem are gradually attracting the market's attention:
1️⃣ Main character: Ethereum (ETH)
1680-1720 is my ideal buying range; those looking to catch a rebound can consider entering, but don't be greedy; being able to see $2000 would be satisfying. For long-term friends, don't rush; after the upgrade, ETH may start a second wave of significant movement.
2️⃣ Potential tracks: ETH staking and L2 tracks
Puffer (staking newcomer): Investor Binance Labs, the key point is—it's not! On! Binance! Isn't this a typical story of a chicken turning into a phoenix?
OZK: A new L2 concept project, small market cap, high risk but great potential. Just asking, are you willing to take the gamble?
3️⃣ Meme direction: Pepe & Floki
Pepe: You can buy around 0.083, 0.07, and consider selling at 0.09-0.1; precision is key, like a barber.
Floki: The approach is similar, but be a bit more conservative; don't play too wildly.
SUI has surged 54% in the past few days, driven by three main factors: technological breakthroughs, ecological explosions, and capital influx.
Based on the performance on April 25, 2025, the SUI token soared 54% in just three days, and the total contract holding amount also surged to $1.1 billion, becoming the only project among the top 20 tokens by market cap to break historical resistance.
In this wave, SUI has really taken the lead!
Bitcoin has once again surpassed 90,000, and the altcoin season has restarted! A few days ago, I emphasized key points to my brothers; SUI's rise in TVL is also very evident, increasing from 1.1 billion to 1.5 billion in a week, with a 30% increase over 7 days!
Regarding tokens, the leading DEX $CETUS entered at $0.11 and rose to $0.19 in three days, earning 70%. $SUI rose from $2.3 to $3.5, making about 50%. However, I didn't simply hold the SUI token; to aim for airdrops, I provided liquidity on the platform, earning about 15% in three days.
Still, if a bull market really comes, SUI will definitely be the most eye-catching public chain this time. DEFI, as a constant presence in the crypto world, has the foundational liquidity; the beneficial effects and financial returns on the SUI chain are currently the highest, and funds are continuously flowing in. It is absolutely not impossible for it to become the second Ethereum in the future.
I suggest brothers who haven't played SUI give it a try; if you're worried about the token price being too high, you can participate in yield farming. The new projects on the SUI chain have substantial market caps, with $DEEP's ATH nearing 1 billion, and the Momentum airdrop is unlikely to be trivial. If you don't want to provide liquidity, you can trade; the LFG phase scores aren't overly competitive yet, and 100,000 in trading volume can get you in below 2000.
Yesterday, I bought some ROBOTHEISM with fans in the group; it felt pretty good.
Looking back at yesterday's market, some altcoins on-chain surged quickly, only to drop back today, but SUI remained the strongest, earning a 10% return from providing liquidity over three days, which is truly stable.
Regarding Memes coins and AI coins on the SOL chain, I think there's no need to panic. The liquidity foundation of the SOL chain is too strong.
Have you noticed that regardless of how the market changes, the SOL chain continuously produces tokens with a market cap of over 100 million? This is not just a market cap issue but reflects the number of users. It indicates that the basic liquidity and users on the SOL chain are very stable, like a pile of dry firewood; it only takes one spark to ignite it, just a difference between a big fire and a small one.
So I not only didn't reduce my holdings, but also bought a bit of ROBOTHEISM with a market cap of over 400,000. A large part of the reason is seeing the philosopher continuously building; I didn't sell a single share during the rise from 130,000 to 2 million in market cap, which shows a long-term faith in investment.
Moreover, the robot culture and meme align with AI's development trend; once the market picks up, the market cap-to-value ratio is super high. It's rare for projects to survive several rounds of washout with a market cap under a million. Previously, due to market uncertainty, I hesitated to buy, but today when BTC surpassed 90,000, I decisively bought some.
It's been a long time since I made money on a new listing; the price on-chain has already shot up to $1.
This time, the secondary bottom of $INIT is close to doubling, injecting a shot of confidence into the market for altcoins.
Although most altcoins may eventually go to zero, there is still room for speculation before the narrative is completely discredited. Just like a bad ship still has three nails, there are still opportunities. Compared to the peak FDV of 7-8 billion for the small fry $SAGA, $INIT is currently below 1 billion in market cap, which is already significantly cheaper.
Even in a bear market, even though the rules of the market are no longer so simple, people always want to grasp something to bet on, don't they?
Let me remind you again: be a trader, not a holder. The environment where $TIA went from $2 to ten times is still something I think is unlikely to reoccur.
Finally, I’ll share a few sectors worth paying attention to, each with two recommended altcoins, all selected tokens with contracts on Binance, as there are too many to buy.
New public chains: SUI, APT
Modular: SAGA, DYM
AI sector: TAO, VIRTUAL
MEME sector: PEPE, NEIRO
ETH ecosystem: ENA, PENDLE, DEFI, AAVE, CRV
BTC ecosystem: BABY, SOLV
SOL ecosystem: JTO, TRUMP
RWA sector: ONDO, RIO
Cross-chain: W, SYN
Chain games: BIGTIME
Today's rotation includes first and second layers and observation sectors, as well as DeFi and other messy things; not many of these coins have completed the first wave of pullbacks, and they are basically preparing for the second wave. Moreover, the manipulators are pulling up so fiercely; the funds coming in aren't much, and the market lacks FOMO, with hardly any large bullish candles, making it very difficult for manipulators to offload their positions.
In addition to the leaders in these sectors, there are some hot projects worth paying attention to, like bome and pnut; these popular projects can be preemptively ambushed. The ups and downs in the market often come in waves, so remember to set a stop-loss price you can accept, and add an alert; it may drop and then bounce back up, allowing you to continue chasing.