Analysis of the Big Pie on May 26
Market Observation: The Implications of Seven Consecutive Weekly Gains
This market trend is indeed steady, with seven consecutive weekly gains, just one step away from the eight-week record set last October. Comparing the two cycles, I found several key points:
Historical Similarity:
After the eight consecutive weekly gains in 2023, BTC had a brief pullback, followed by a major upward wave.
This time, the market reaction after reaching a new high is unusually calm, with no FOMO emotions, indicating that the main players are suppressing prices to accumulate positions, suggesting potentially greater space for future movements.
Market sentiment is being deliberately suppressed: Retail investors are still hesitant, while institutions continue to buy (ETF inflows remain stable).
Bull markets are born in pessimism and grow amidst doubt; the current indifference is actually a good thing.
Both BTC and ETH pullbacks are buying opportunities; don’t wait until prices rise to regret.
After today’s pullback, it's possible to set up some positions in altcoins, but selecting the right tracks (AI, MEME, RWA) is more important than indiscriminately buying.
