$BTC in May — accumulation phase or calm before the storm?
Bitcoin holds key levels ($59–62k), but volumes are declining. While the market waits, smart money is accumulating positions. Here are the altcoins that stand out based on fundamentals and technicals:
1. $RNDR (Render Network)
Strong fundamentals: growing demand for GPU rendering, support from Apple, integration with AI ecosystems.
Technical analysis: confident uptrend above 200 EMA, strong support zone at $8.30. Breaking $10 will open the way to $12–14.
2. $PYTH (Pyth Network)
Next-generation oracle, competing with Chainlink. Large partnerships (Solana, Sui, Wormhole).
Technical analysis: double bottom on the daily, volumes are increasing, targets for May — $0.70 and above while holding $0.50.
3. $TAO (Bittensor)
AI trend in blockchain. A platform for decentralized machine learning. Unique use case.
Technical analysis: bounce off a long-term level of $430, bullish divergence on RSI. Potential up to $600 in the medium term.
BTC is an indicator, but the trend is now in altcoins with strong ideas and demand for the future. While the crowd sleeps — accumulation is happening.