Good afternoon, brothers, April 27th

✅️ Market Outlook

First, let's talk about two major hidden bearish events

First, the Dubai Blockchain Conference at the end of the month

Second, Labor Day is approaching

As the saying goes, prices drop during meetings and holidays

Next, let's talk about the market, all trends reflect Brother Yu's posts, which are basically consistent. Back when it was 92,000, we already saw it near 96,000, and Brother Yu has repeatedly emphasized that 96,000 is a strong resistance. Currently, Bitcoin has tried to break through the 96,000 resistance three times but has failed. In the short term, Brother Yu sees a pullback and consolidation trend. The strong support level for Bitcoin remains at 92,000. The probability of breaking below 92,000 is also low. If it can pull back to the 92,000 level, it can still be a good time to enter long positions. Ethereum basically won’t have an independent trend, following Bitcoin’s movements, and is currently also consolidating around 1,800, with a support level near 1,730.

It's very hard to make recommendations in the primary market; suitable Memes can only be notified by the community. There are too many Alpha projects, and small market cap ones are prone to overvaluation.

After the secondary chain game sector calmed down, we moved to the AI sector, which Brother Yu also fully predicted. Whether it’s Aimemecoin or AI secondary spot trading, both have shown good gains. Those who have made short-term profits should also be prepared to reduce their positions. Large gains mean if there’s a pullback, the losses will also be significant.

In conclusion, there’s no need for a complete sell-off. For those with substantial profits, it’s advisable to reduce positions and enjoy the holiday.