During the May Day holiday, the cryptocurrency market staged a thrilling scene — BTC surged 3000 points like a runaway wild horse, breaking the long-standing consolidation pattern.
From 94000 to a direct hit of 97000. This seemingly festive bull market feast is, in fact, fraught with hidden currents, concealing carefully laid traps set by institutional players.
BTC: The deadly risk behind the glorious surge. On the surface, the large bullish candlestick on the BTC weekly chart is dazzling, seemingly announcing the arrival of a new bull market. However, the continuously lackluster trading volume acts like a cold shower, waking up investors who are immersed in the joy of rising prices.

This 'artificial inflation' style of surge is a common tactic used by institutional players to lure in more buyers. They take advantage of investors’ desire to chase prices higher, quietly selling off their holdings at high levels, waiting for the last buyer to step in.

The critical level of 96500 has now become the battlefield of long and short positions. A large number of short positions are stacked here, like the sword of Damocles hanging overhead. Even more concerning is the 95000 - 96000 area, where positions from three months ago are piled up, and the institutions are frantically 'passing the hot potato', trying to offload their risky holdings to greedy investors. Once the baton is handed over, what awaits them is likely a long period of being stuck and massive losses. From a technical indicator perspective, the daily MACD red bars are rapidly shrinking, signaling the gradual exhaustion of bullish momentum. The critical support level of 93000 has been in crisis three times recently, like a dam on the verge of collapse. If it fails, a cascading sell-off will be imminent, plunging the market into a vortex of panic selling.

Ether: A crisis lurking beneath the gentle trap. Ether has likewise failed to escape the market's traps. Although a bullish candlestick has appeared, the weekly downtrend channel still firmly suppresses the price movement. The positions at 1850 are still struggling, while the seemingly stable price of 1780 is, in fact, a gentle trap set by institutional players. A large number of short forces have long been on high alert, waiting for the right moment to launch a fierce attack. For investors, BTC's 96500 and Ether's 1780 are two crucial defensive levels. These are not only price support lines but also the last barrier for the safety of investors' funds. Once these two defenses collapse, programmed selling will sweep the market like a flood, instantly engulfing all chasing funds. The current cryptocurrency market is like a high-pressure reactor that could explode at any moment. Every price fluctuation could trigger a chain reaction.

Here, I strongly urge friends who are chasing prices to remain calm and not let greed blind their eyes. For investors who are already trapped, there is no need to panic too much; it is more important to rationally analyze market trends, formulate reasonable response strategies, and avoid making mistakes in a state of confusion. In this world full of temptations and risks, only by maintaining a clear mind and treating every transaction with caution can one survive in a crisis-laden market. May every investor be able to sharpen their eyes, see through market traps, and protect their assets.#稳定币日常支付 #阿布扎比稳定币