The May Day holiday is coming to an end. Although there hasn't been any significant rise in the cryptocurrency market, at least a phase of stabilizing has been confirmed, which is good news. From the weekly chart of Bitcoin, it still shows strength, having broken through an important resistance level, and the market's attitude towards it remains optimistic. This wave of upward momentum may not be as strong as in October last year, but Bitcoin's market capitalization has firmly secured the seventh position globally, and the clear goal is to break through the previous high.
Altcoins have also begun to stabilize, especially Dogecoin and Solana, which are showing rebounds. Strong new coins are breaking through their previous highs, and once the trend is confirmed, altcoins may see more opportunities.
The first week of May looks generally good, with the focus shifting to Ethereum's Prague upgrade. Once the upgrade is completed, the Ethereum ecosystem is expected to welcome favorable conditions. If it cannot take this opportunity to rise, then changes may occur in the cryptocurrency market. Investors should prepare for the worst, especially friends holding Ethereum-related assets.
The cryptocurrency market is ever-changing, with black swan events and bull runs potentially occurring at any time. Everyone should prepare for a major bull market while also allowing for contingencies in case of sudden incidents. Half of 2025 has already passed, and worst-case scenarios should be proactively addressed. Bitcoin has begun to operate independently, and the trend focus of altcoins lies with Ethereum. Let's look forward together to see whether the Ethereum upgrade will bring surprises or shocks!