The market currently appears calm, but in reality, there are undercurrents, with Bitcoin and Ethereum engaged in a struggle.
From the market perspective, Ethereum's movement is relatively strong, showing signs of 'squeezing shorts,' with the accumulated bearish sentiment being gradually released; however, Bitcoin appears slightly weak, repeatedly testing the upper resistance level. But considering its rebound of several tens of thousands of dollars from a low point, the probability of it turning downward after just touching around 106,000 is low.
If selling pressure weakens or capital inflow increases, Bitcoin is likely to quickly break through the current resistance range, and the possibility of hitting a new historical high is accumulating. Personally, I lean towards bullish; if the market is strong, a breakthrough may be achieved before next Wednesday.
In terms of operational strategy, short-term trading could attempt to go long on Bitcoin around 102,800, while Ethereum could set up long positions near 2,550, focusing on the main idea of 'buying on dips.'
Many fans are still asking about the altcoin season! Little Meow said a long time ago: The season of all coins flying together will not be seen again!
The flow of funds in the market has significantly changed from the past; many coins are destined to be eliminated by history. Don't expect a repeat of the 'all coins flying together' bull market of 2021. Looking back at the last AI Agents sector, many projects with hundreds of stars on GitHub were ultimately eliminated by the market, indicating that funds have become more rational and smart. Without truly grounded products, core competitiveness, or a stable user base, no amount of hype will win over the market. In 2021, many newcomers leveraged FOMO and social media to create surges, but now retail investors are more cautious, and the lessons learned from drastic declines have significantly reduced the number of 'faith-based investors.'
At that time, there were relatively few cryptocurrencies, capital was concentrated, and most projects were of high quality and truly promoted industry development; now, however, the number of cryptocurrencies exceeds 15 million, yet the total market value has not significantly increased, a typical case of 'too many monks but too little porridge.'
Now exchanges are constantly launching new coins every day, packaged beautifully but lacking actual value; many projects are merely scams. Slightly higher quality coins reach their peak market capitalization upon opening, with thousands of new coins added daily, and less than 10% survive past five minutes, the vast majority being short-lived, severely diluting liquidity, making it naturally difficult for the market to rise significantly. Many experienced players have also found that mentioning a project used to lead to extensive discussions, but now they are often asked, 'What coin is this?' The fragmentation of market information is severe.
The future is unlikely to see another crazy bull market; instead, we may experience a structurally slow bull market. Such explosive growth of hundreds or thousands of times may only exist in the Meme coin market.
Speaking of MEME, since the $TUT and $Mubarak voting incident for listing coins, I have rarely dove into Meme coins on BSC. Without holding BNB, I ended up missing $Skyai. Upon review, I found that the Meme hotspots on BSC have shifted from Er2 to Four Meme and Binance Intern and other officially associated peripheral voices. Compared to the official Twitter accounts of Solana, these voices within the Binance system have more political background and are more worthy of reference.
Today, I saw Fourmeme tweeted a recommendation for #B. Although I am late to the game, I still bought about 1 BNB worth and added some more BNB, betting that this rebound will not leave BSC behind. I hope to see some small gains and not get doused with cold water.
$B is a rare fast-moving coin on BSC, with a market cap nearing $20 million, which poses significant risks, so cautious participation is advised.
Let's take a look at a new addition to the Ethereum Meme landscape today.
——This time it's the $BERRY, claimed to be the mother version of PEPE.
Currently, with a market cap of over 3 million and a holder count of 4,000, it has entered a consolidation phase after two rounds of washing, reaching a cost-effective standard. I have currently invested in four ETH Meme projects: #RATO, #FROGGER, GASS, and BERRY, and will continue to focus on high cost-performance targets; recommendations are welcome!
I believe that this round of market conditions won't leave me 'only in my underwear.'
Trump is back in the market stirring things up. This afternoon, the Trump family fund WLFI bought $EOS for 3 million USDT, sparking heated market discussions. Does this signal that the long-dormant #EOS is about to take off again?
In fact, EOS is undergoing a major transformation. According to the official announcement, starting from May 14, 2025, EOS has initiated a fee-free 1:1 token conversion process, with the new token named $A, and plans to officially complete the renaming this month on the 26th. This large purchase has not only attracted market attention but is also seen as a potential bullish signal for the upgrade of $A; whether to follow up will depend on investors' careful judgment based on their risk preferences.
The new coin SYRUP recently launched on Binance has continued a typical 'bulldozer-style' upward trend, showing strong movement, much like the previously popular USUAL, exhibiting a clear parabolic shape.
Although currently at a high level, if a reasonable correction occurs, it will be a potential entry opportunity. Meanwhile, another project, LUMIA, is also in a steady upward trend, showing sustained momentum for further increases in the short term.
Overall, both of these have strong short-term trading value and are suitable for high-risk tolerant investors to pay attention to.
That's it for the article! If you're feeling lost in the crypto space, consider strategizing and harvesting with me!
