Is Bitcoin continuing to rise or fluctuating now?
First, let's look at the broader environment: the Federal Reserve has not cut interest rates and has not stopped balance sheet reduction; the macroeconomic conditions are not yet conducive to easing. Currently, Bitcoin's price fluctuations rely entirely on sentiment, which is influenced by macro policies and major events in the cryptocurrency market. For instance, the previous easing of tariffs by Trump and Powell's softer stance indeed led to a price increase. However, these news impacts are limited and can change quickly - now Trump says tariff discussions are still ongoing, and there are no other significant positives. After Bitcoin rose above 93,000, it has not been able to break through the 95,000 barrier and can only oscillate for now.
From the market perspective, after the US stock market opened last night, Bitcoin's trading volume suddenly increased, indicating a shift in positions between bulls and bears, showing that someone is selling above 93,000. Moreover, those who bought in at 75,000 have already made nearly 20,000 dollars and could sell their coins for profit at any time.
Moreover, with no major news this week and the economic data for April 30 not yet released, the market is likely to continue fluctuating. A significant breakthrough upward would require a larger positive catalyst (like a sudden interest rate cut by the Federal Reserve); otherwise, even slightly negative news could lead to a price drop.
Speaking of altcoins, can they be held long-term now? The key depends on two points:
Firstly, can Bitcoin maintain above 93,000, and is the trading volume sufficient?
Secondly, for mainstream altcoins like Ethereum and Solana, is there an influx of funds independent of Bitcoin (for example, a sudden surge in DeFi locked assets)?
In the current market, short-term operations are safer; do not easily hold long-term positions. If the sentiment wanes, altcoins might drop significantly along with the market.
Once the market enters a bull run, there are 6 cryptocurrencies that can double anytime from 20 to 100 times!
IMX
This is simply a boon for Web3 gamers and NFT players! In the Ethereum Layer 2 network, it allows the minting and trading of digital assets without incurring high Gas fees. Developers can easily create games that seamlessly integrate NFTs, and players can enjoy instant transactions and in-game rewards, possessing true ownership of digital assets. Moreover, the technology is not just talk; it has already supported several well-known games. As more partners join, it continues to expand without sacrificing speed or security, and it is expected to become a leader in the Web3 gaming field. Digital economy enthusiasts should not miss out!
VET
VeChain, which has always focused on supply chains, is set to reach new heights in 2025. It can track the entire asset lifecycle with ultra-high precision and security, from production to delivery, making every link clear. Enterprises use it to verify authenticity, reduce fraud, and achieve sustainability goals. The dual-token system makes transactions fast and cost-effective, with real applications across various industries, effectively solving business problems and ensuring lasting value!
LTC
Litecoin is not resting on its laurels; after the upgrade in 2025, it will support confidential transactions, with fast speed and low fees, making it very suitable for daily payments. Merchants recognize it, and it's super convenient for everyone to use when shopping. A strong development team and rigorous security keep it consistently ahead.
