Bitcoin started to surge at 8 PM last night, reaching a peak of around 105,000 before being ruthlessly pushed down by the bears. It then began to rally again, peaking at around 107,000 this morning at 8 AM before being pushed down again by the bears. Currently, it is hovering around 105,000.

The current battle between bulls and bears is extremely intense. Everyone knows that as long as Bitcoin reaches its ATH, it will accelerate the rise of the overall market and also boost altcoins significantly. The market is currently waiting for this signal, with expectations of a major power surge this week. Once ATH is reached, market confidence will be restored, and the second half of the year will present real opportunities.

The current strategy is, if it drops, to scout some quality altcoins, meme coins, and AI projects, only buying the leaders and ignoring the rest, while closely monitoring on-chain metrics with reduced P. Once market confidence is restored, various opportunities will emerge.

Here are today's key points:

1. There haven’t been significant changes on the macro level over the weekend. The current trend is purely market behavior, with intense battles between bulls and bears. However, the overall market ATH this week is still worth looking forward to.

2. On-chain PVP hasn’t stopped, but the strongest rebounds over the weekend were still from old meme coins like $moodeng, $neiro, $pnut, etc. These are quality targets being closely monitored by whales, so everyone should pay close attention. Once the altcoin season arrives, these will likely lead the rally.

3. Voting for $HUMA on Jup has started. If you have staked $Jup, don’t miss out. It is one of the consensus projects in the RWA track and should be closely monitored.

4. Everyone should pay attention to the Ledger hardware phishing incident. If you have hardware devices, don’t be deceived by mysterious fake hardware devices.

5. This week’s large unlocks:

Polyhedra Network (ZKJ) unlocked about 15.53 million tokens on May 19, accounting for 5.3% of the current circulation, valued at about 32.3 million USD;

Pyth Network (PYTH) will unlock about 2.13 billion tokens on May 19, accounting for 58.62% of the current circulation, valued at about 338 million USD;

6. In the last 24 hours, the total liquidation amount was $588 million. Cherish life and stay away from contracts.