Bitcoin: Stuck? What are institutions betting on? Should retail investors dive in or run away?
Bitcoin's recent performance is truly heart-pounding—just surged to $107,000, immediately dropped back to $105,000, and the daily chart shows overbought conditions, indicating short-term pullback risks. But institutions aren't worried at all; MicroStrategy bought over 6,000 coins again this March and now holds over 500,000 bitcoins. Bitwise even set a target price of $200,000. Plus, last year, the Bitcoin ETF attracted $33.6 billion, and this year, funds are still pouring in. The long-term bullish logic remains unchanged.
However, risks are evident:
The SEC could stir things up at any moment; if they delay or reject the ETF, the market will definitely crash.
On May 19, $556 million was liquidated, leaving 130,000 people with nothing, indicating that market speculation is too heavy and could be harvested at any time.
My advice:
Don’t go all in! Build your position gradually, and keep total exposure below 10%.
If it drops below $98,000, pull out; don’t hold on stubbornly—preserving capital is the most important.
Ethereum: After a 40% surge, suddenly stalled; can it still be played?
After Ethereum's upgrade on May 7, it skyrocketed 40% in three days but then fizzled out.
The current issue is:
L2 funds haven’t formed a closed loop, and the ecosystem hasn’t truly exploded.
Big players are quietly unloading, and the market is worried about the main players fleeing.
But there are opportunities:
If BlackRock's Ethereum ETF staking is approved, tens of billions could flow in, with a target price potentially hitting $6,500.
Ethereum remains a leader in DeFi and NFTs, with over 20 million staked, providing an annualized return of 4.5%, and the long-term fundamentals are still intact.
Short sellers' concerns:
After transitioning from PoW to PoS, some say it “lost its value support,” and it could even drop to $800-$1,200.
My strategy:
You can test the waters with a small position at $2,200-$2,400, but be cautious if it drops below $2,500.
Don’t chase highs! Wait for a pullback before considering adding to your position.
June 3 is a key date!
The SEC's decision on the Ethereum ETF, as well as the approval of staking ETFs, could trigger a major market movement.
Expect significant market fluctuations around June 3; manage your position and avoid being liquidated!
Remember: The market is never short of opportunities, but if you lose your capital, it’s really gone!
Are you stuck? When to buy the dip? As always, if you're confused and don’t know what to do, click my profile to comment. I need fans, and you need references
Intraday: ETH BTC AAVE
