Early morning raid! Bitcoin surged to $97,800, is it the start of a bull market or a bull trap?
News stimulated a surge at 5 AM, peaking at $97,800, but failed to break the key resistance level (97.8k)
Short-term trends driven by contracts, sustainability is questionable, currently fluctuating around 96,000
A real breakthrough of 100,000 may need to wait for the interest rate cut cycle in Q2-Q3, altcoins will see an explosion window!
Two key signals determine future market direction:
Powell's speech tonight will determine life and death!
No hope for interest rate cuts in May (probability 97.6%), but if the statement is moderate, it may stimulate capital inflow
The Federal Reserve just purchased $20 billion in U.S. Treasuries, liquidity undercurrents are surging
98k-100k becomes the decisive battle zone for bulls and bears!
Nighttime volatility premium opportunity > directional risk, focus on short-term high selling and low buying
Strategy: Accumulate spot on dips, keep cash for the big market in the second half of the year!
Overall: Bitcoin is very conflicted right now, both bulls and bears are fighting fiercely around $97,000.
Ethereum Pectra upgrade: Is a breakthrough at $2,000 imminent?
Core upgrade benefits:
Validator storage limit increased from 32 to 2048, significantly reducing institutional operating costs
Blob fee adjustments drive ETH back to deflationary, consolidating L1 dominanceTechnical aspect: Daily bullish dominance, if upgrade sentiment ferments, it may ignite a rebound market
Beware of the risk of 'good news being fully priced in'! However, in the long run, this upgrade is the largest fundamental catalyst for Ethereum this year!
Market undercurrents: Sui, WCT trading strategies + altcoin sideways mining techniques
Sui high position three consecutive shadows, $3.5 becomes the dividing line between bulls and bears!
If it breaks through, it will hit a new high; otherwise, it may accelerate the pullback
Suggestion: Mainly observe, wait for better entry points
WCT short-term opportunity: Take profit at 0.44, stop loss at 0.38!
Breakthrough of the 4-hour downtrend line + MA120, but trading volume is low, need to be cautious
Core rule for getting rich with altcoins — timing during sideways movements!
Primary market MEME coins 3-10x cases: LUMO, VIRTUAL, Frtcoin
Selection logic: AI narrative + long-term sideways + low market cap + continuous positive news
Will update the 'sideways accumulation model' to help you capture the next wave of Alpha!
Human nature game: The mystery behind LLJEFFY's 30x surge
A single tweet increased the market value from 1M to 30M, the key point lies in 'narrative manipulation'
Trading truth: Those who miss out are most likely to be bearish; FOMO sentiment is the real catalyst!
Summary:
Bitcoin short-term volatility, pay attention to Powell's speech + 98k offensive and defensive battle
Ethereum upgrade may become a turning point for the market, accumulate quality altcoins on dips
Survive! Keep cash and wait for a bull market with interest rate cuts in Q2-Q3!