$ETH ends April with 5 straight red months. It’s been a rough stretch, but that’s part of the game.
Over the last year, only 3 green months, and down 36.7% YoY. From $2,875 to $1,820, it’s been tough.
But May? Could be the change. ETH doesn’t stay down forever, watch for the comeback.
🏆 Best Coins for My Shortlist
While Bitcoin holds steady around ~$96,380, showing resilience, it’s worth remembering: BTC$BTC isn’t always ideal for active trading. 📍 In tournaments, high volatility is key — so let’s look at the criteria for picking strong short candidates.
If I were participating in the International Crypto Trading Cup by WhiteBIT, I’d focus on volatility, momentum, and the technical setup.
🤔 After analyzing many coins available on the exchange, I’ve selected what I believe are the best short opportunities:
🔹 Arbitrum
Currently in a minor pullback phase after a short-term rally. Technically, the chart suggests the price could dip further before finding new momentum. If support confirms around the $0.31–0.32 range, it could signal a good entry into a short cycle.
🔹 Dogecoin
The classic hype-volatility play. Despite a recent bounce, the DOGE chart shows signs of uncertainty with potential for a local drop. ⚠️ If the price consolidates below $0.172 (middle Bollinger Band and short-term MA), a move down toward the $0.165–0.160 support zone is possible. That’s a key area to watch.
🔹 Injective
Injective currently looks technically vulnerable to a short-term decline. Without a new bullish catalyst, the price might test support closer to $9.4 — or even lower.
These aren’t just “favorites” — they’re tools that can deliver momentum when it matters most, like here in the tournament.
🚀 What coins would you short?
#BinanceHODLerSTO #DigitalAssetBill #SaylorBTCPurchase #BTCRebound #StablecoinPayments What is Bitcoins next move?# #BTC Price Analysis#
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊 Market Updates
🔸Michael Saylor’s Strategy filed to raise $84B via preferred stock sales to fund further Bitcoin purchases, aiming to expand its 530K BTC.
🔸Metaplanet to open US subsidiary in Florida and raise $250M to expand its bitcoin treasury, aiming for 10K BTC by end of 2025.
🔸21Shares files for a SUI ETF with the SEC as the token jumps 10.9% and Sui Foundation partners with Fireblocks for institutional growth.
🌟 Highlights
🔸Morgan Stanley plans to enable crypto trading on E*Trade by 2026, citing favorable U.S. regulation under Trump’s administration.
🔸Charles Schwab plans to launch spot crypto trading within 12 months, with CEO highlighting strong investor demand and rising platform traffic.
🔸Tether reports $1B Q1 profit, $5.6B in excess reserves, and $120B in US Treasury exposure as USDT supply grows by $7B.
🔸Sam Altman’s World project launches in the US, offering WLD rewards, a Visa card, Tinder pilot, and access to Kalshi prediction markets.
🔸Kraken launches crypto derivatives trading for UK professional investors, expanding its regulated offerings via its MTF platform.
🔸Ethena integrates USDe and sUSDe into TON as tsUSDe, enabling Telegram wallet access and offering boosted yields to users.
🔸Movement Labs suspends co-founder Rushi Manche after MOVE token dump scandal and Coinbase delists token as MOVE drops 20%
Cryptocurrency Value Overview for May 2nd: Focusing on ETH, XRP, ADA, SOL, and HYPE
This week's cryptocurrency analysis focuses on Ethereum (ETH), Ripple (XRP), Cardano (ADA), Solana (SOL), and Hype (HYPE). ETH saw a 3% price increase, remaining under the key resistance at $1,825, while XRP closed with less than a 1% gain, indicating hesitation from buyers.
ADA is holding above $0.64 support, but a lack of momentum could prompt sellers to re-test this support. SOL, after failing to break the $152 resistance, dropped by 3%. HYPE, which saw a 7% price increase, was the best performer, breaking the resistance at $19 and moving towards $21.
Despite resistance at certain levels and decreased momentum in some cases, the general outlook appears bullish for these cryptocurrencies.
$MSTR - MICROSTRATEGY HAS A PLAN TO BUY EVEN MORE BITCOIN.
"MicroStrategy, now focused more on Bitcoin than software, reported a Q1 loss of $4.23B ($16.49/share), far worse than expected. Revenue fell 3.6% to $111.1M, missing forecasts. The company launched a bold new “42/42 Plan” to raise $84B over two years for Bitcoin purchases, following last year’s $42B “21/21 Plan.” Analysts say the stock remains a strong Bitcoin proxy, trading at 2.13x NAV, with solid performance despite market volatility."
Number of Failed Crypto Coins By Year
2021: 2,584
2022: 213,075
2023: 245,049
2024: 1,382,010
2025: 1,821,549