Is Bitcoin going to continue to rise or fluctuate?

First, let's look at the overall environment: The Federal Reserve hasn't cut interest rates, and the balance sheet reduction hasn't stopped; the macro conditions are not yet conducive to easing. Currently, Bitcoin's price movements are driven entirely by sentiment, which is influenced by macro policies and major events in the crypto space. For instance, the previous easing of tariffs by Trump and Powell's softened stance indeed led to a price increase, but these messages have limited impact and can change quickly — now Trump says tariffs are still under discussion, and there are no other major positive news. After Bitcoin rose to over 93,000, it has not been able to break through the 95,000 barrier, and for now, it can only fluctuate.

From the market perspective, after the U.S. stock market opened last night, Bitcoin's trading volume suddenly increased, and positions began to shift, indicating that some people are selling above 93,000. Moreover, those who bought in at 75,000 are now nearly 20,000 in profit and may sell at any time to cash out.

Additionally, there are no major news this week, and the economic data for April 30 has not been released, so the market is likely to continue fluctuating. A breakthrough upwards would depend on more significant positive news (such as a sudden interest rate cut by the Federal Reserve); otherwise, even a slight negative news could lead to a price drop.

As for small coins, can they be held for the long term? It depends on two key points:

First, can Bitcoin stabilize above 93,000, and is the trading volume sufficient;

Second, for mainstream small coins like Ethereum and Solana, is there independent capital inflow that is separate from Bitcoin (for instance, a sudden surge in DeFi locked value).

In the current market, short-term trading is more prudent; don't easily hold long-term positions. If sentiment declines, small coins may follow with a significant drop.