Many cryptocurrencies have already formed a bottom pattern, but currently, the momentum still depends on Bitcoin and mainstream coins. A one-sided market is yet to be confirmed. The following points are crucial:

1: Many cryptocurrencies have been trapped in a downward trend, resulting in a lot of locked-up chips. When the upward trend arrives, it will gradually unlock, leading to certain selling pressure that needs to be digested.

2: An increase means that greater liquidity is required. Institutional entry will be in a devastating manner, leaving little opportunity for retail investors to get in, but there will also be pullbacks that create buying points.

3: A rate cut is highly likely to occur in the third quarter, specifically after September. It is still not May; this rise is probably a cyclical rebound of the market. It cannot just continue to fall; a rebound is a necessary market rule.

In summary: Bitcoin is almost reaching daily level resistance, experiencing high-level fluctuations and consolidation. Horizontal movements instead of a decline will eventually lead to a drop over time. Currently, market operations should focus on swings, ensuring that you have some liquidity available for operations, as this will create more opportunities in the future.

In the current market, if you chase, you should choose some yet-to-explode strong stocks to try entering. Those with good potential can also consider gradually exiting in batches or switching positions. It’s best to watch more and operate less!