Cherish life, stay away from contracts‼️ Beware of virtual currencies, which may turn into parasitic bonds!!!

‼️May 3rd Major Crypto Event ‼️ @KaitoAI

1️⃣Tether CEO: Plans to launch a new stablecoin in the US this year

2️⃣CZ: Binance Alpha, each person can only have one account to participate

3️⃣MicroStrategy plans to invest $8.4 billion to increase Bitcoin holdings

4️⃣Apple relaxes cryptocurrency-related rules in the US App Store

5️⃣Ondo expands its USD government bond token USDY to the Solana network

6️⃣Meme coin MIKAMI by Yua Mikami presale ends, raising over 23,000 SOL

7️⃣Arizona Governor Katie Hobbs vetoes digital asset strategic reserve bill

8️⃣S&P 500 index rises for the ninth consecutive day, setting the longest streak since 2004

9️⃣Sun Yuchen announces the latest developments in the FDT and ARIA fraud case, involving over $500 million

🔟Bitcoin spot ETF saw a total net inflow of $675 million yesterday, Ethereum spot ETF saw a total net inflow of $20.1032 million yesterday

1️⃣In the last 24 hours, total liquidations across the network reached $130 million
2️⃣Total contract positions across the network stand at $121.16 billion
3️⃣Total 24-hour trading volume across the network is $142.18 billion

‼️Cherish life, stay away from heavy contracts‼️

Market Analysis 📈📉

#BTC Current Bitcoin (BTC) price is operating within an upward trend structure, maintaining a strong oscillating pattern in the short term. From a technical perspective, $97,500 is a key resistance level above, where there is significant bearish pressure; support levels below to watch are $93,955 and $96,000, if the price effectively breaks below $96,000, it could trigger a short-term technical correction.

Given the overall trend is still leaning upwards recently, if the price stabilizes in the support area, it is recommended that investors adopt a "buy on dips with light positions" strategy, and avoid heavy chasing to control potential volatility risks. The short-term expected BTC fluctuation range is between $96,000 and $98,000, with particular attention to the gains and losses around $96,000, serving as a short-term bullish-bearish dividing point.

The above analysis is for reference only! You can also make corresponding allocations of mainstream coins, sub-mainstream coins, and altcoins based on the correlation effects of Bitcoin!