The recent market has a bit of a 'want to rise but first suppress' flavor.
Let's first talk about big brother Bitcoin. Recently, this guy has clearly been building muscle, with solid support behind him: soaring computing power + institutional buying. The safety net for Bitcoin mining is becoming increasingly tight; competition among miners is intense, directly driving hundreds of billions of dollars in capital investment.
To put it simply, the more miners compete, the deeper Bitcoin's 'moat' becomes, and the more solid the price support. Plus, with companies like MicroStrategy being long-term holders, buying billions of dollars and holding on tightly, the circulating supply of BTC in the market has been drained. You ask if this benefits the price? Of course—supply decreases, demand skyrockets; it's strange if it doesn't rise.
Currently, it seems that the computing power is still on the rise, and the 'drama' of Bitcoin is not over yet. At least in the short term, there is still room for growth.
Speaking of Ethereum, this guy has been a bit tired lately.
ETH's current daily chart pattern, to put it nicely, is 'oscillating recovery,' but to put it bluntly, it's 'moving and stopping, not daring to push hard.' Looking at the monthly chart, it has already reached its peak, and by late May, it is expected to move sideways; don't expect it to lead the way.
Mainstream coins: Each coin has its own world, with its own little tricks.
BNB: The 'fixed deposit' in the crypto world—it's not aggressive, but it's stable. Suitable for conservatives who want to earn money while lying down and don't like to fuss. Personally, I feel that holding BNB long-term is more reassuring than holding BTC (no arguments, purely subjective opinion).
XRP: A model of turning the tide in adversity; recently it has actually risen when everyone else is falling, simply the 'light of crypto workers.' However, this 'independent trend' may be short-lived, so don't get too excited.
SOL: Recently it has followed Bitcoin's pullback, the correlation is obvious, and it's advisable to keep a close eye on BTC's trend before taking action.
DOGE: Dogecoin's consistent style—comes in strong, goes out fast. When it rises, it makes you question life; when it falls, it makes you want to delete the app. In the short term, it hasn't finished falling.
AR: The price is still at the 'floor level' of the bull market; either hold on or consider adding to your position in batches. If the bull comes, it is expected to perform well.
UNI: Following the overall market's pullback and recovery, the short-term trend is expected to be more stable over the next few days.
A brief summary: Don't panic, this wave is a normal adjustment.
The market has pulled back in the past few days; if short-term traders haven't taken profits, it's a bit of a pity, but I don't think it's worth beating your chest in frustration.
What more people are concerned about is: Is this wave really a prelude to a big bull market?
My judgment: No.
It now feels more like a phase of rebound + recovery, where the market needs to take a breather; it doesn't mean it can't move anymore. In the second half of May, I personally lean towards 'mainly oscillating,' don't expect it to explode unless the bull market suddenly goes live early.
But this is not important; the real point is: every pullback is an opportunity for the brave to add to their positions. Don't forget, when the bull market really comes, it won't call you to notify you.
If you are still in the game, congratulations; if you've just entered, welcome; if you're stuck, then accompany the market to build your mindset, after all, you're getting closer to that 'eating meat market.'