Yesterday, the market welcomed the third day of rise, a typical characteristic was that altcoins underwent large-scale supplementary increases, with an average increase of 10%. Then Bitcoin took over, breaking through 95,000 again after 55 days, reaching a high of 95,768. Throughout the rise, Ethereum performed poorly, with low rebound strength, indicating that funds have not reached a consensus and the chip exchange is still ongoing.


Market Analysis:


1. Bitcoin rose from 74,508 to 86,496 in the first phase of the increase, driven by waves; after a brief pullback, it has recently risen from 83,950 in the second phase, which is currently still ongoing; 2. If we assume 95,758 is the peak of the second phase, and the second phase has completed and started to pull back, there might be a third phase of increase, as shown in the diagram:

3. If it moves like this, we need to redefine the rebound; it could be larger than imagined, and it might go like this: but this is just a hypothesis, and without new upward driving forces appearing, we do not consider the level expansion for now.

(Remember this chart; if there are no good or bad news, it might move like this. The patience of the main players is greater than ours. If you think this is an ABC rebound completed, the result may only be the first part of the rebound because the current sentiment is that retail investors are very cautious, so the main players should take many actions here.)

In these two days, $TRUMP is in the spotlight. The can reminds everyone that $TRUMP has four hidden risks, so be sure to be cautious:

1️⃣ Trump himself may not attend the event!
The official terms clearly state that the content can be changed; if he doesn't come, they will only issue NFTs. Don't hold your breath.

2️⃣ The time cycle is too long, and there are many internal tricks!
The event starts on May 22, and the big players are mostly insiders, suspected of exchange cold wallet participation, with a strong control flavor.

3️⃣ Essentially, it's just high market cap pure speculation on MEME!
Without value support, once the heat dissipates, it will be a mess; it's not a stable project that seriously makes a market.

4️⃣ Harvest time is unknown, and risks are concentrated before the snapshot!
The snapshot has not been announced. Once the time is confirmed, such as May 18, the market may start harvesting a few days in advance (like May 16)!

Properly control your positions, don't be greedy, protecting your principal is the most important!

Finally, BTC returns to 95,000, which altcoins are worth looking forward to?

AI: The last wave of narrative was initiated by AI, starting from the combination of GOAT and memes, and then exploring more possibilities and applications. In May and June, there were a bunch of AI conferences, and the concept's popularity skyrocketed!

Representative coins other than the table: TAO, FET, VIRTUAL, ARC, ALCH, Zerebro

L1: Public chain coins have always been a relatively stable choice during the altcoin season. The overall logic is that the development of the public chain determines the ceiling of its ecosystem projects, while it can also capture the most liquidity.

Representative coins: SOL, SUI

Meme: There is consensus on-chain, cash off-chain, with repeated explosive growth. These projects have strong on-chain native consensus and do not rely on exchange control, making it easy to create a wealth effect.

Representative coins: PEPE, FARTCOIN

DeFi: There is a real business model, earning fees, interest margins, and token issuance fees. The network effect of leading projects is very strong; the closer we get to altcoin season, the more opportunities to make money. Projects with funds can buy back, forming a positive cycle.

Representative coins: HYPE, JUP, AAVE

Overall, AI is the new narrative, L1 is a stable bottom position, Meme plays with consensus and culture, and DeFi can make money while also buying back.

Summary of recommended coins this week!!!

Low market cap altcoins can easily rise by thirty to fifty points without warning, or even double and then double again.

At that time, market liquidity was basically the same as before, with only two choices.

1: Good news, there are hot spots

2: Low market cap is always bullish.

So: FLOKI, CAKE, LEVER, QUICK are the few cryptocurrencies that have been pushed several times.

Currently, FLOKI and LEVER have perfectly wrapped up, CAKE (+13%), QUICK (currently flat)

FLOKI and CAKE are both performing well, and there are hot spots; just enter normally as you would with altcoins.

LEVER and QUICK are both light market cap, and looking at the previous K-line chart, if the trend is slightly better, it's easy to spike by 50% or 100%.

The current results are pretty much what we expected!!!

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