五味子
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I didn't expect the reversal to come so quickly, it caught me off guard. I've been saying that the reversal is getting closer, and everyone should buy on the dip and wait for the rise.
I thought that in April, with the tariff war, trade war, and military tensions still unsettled, it would take until early May for things to start warming up.
But the market can change in ways you least expect. Furthermore, Trump is fanning the flames by making big profits through TRUMP. His presence is certainly not a good thing. What seems like a booming market may hide lurking crises that are unknown.
However, one thing is certain: the market has indeed reversed in terms of its shape, and we should primarily focus on buying on the dips. There’s nothing good about trading coins; making money is what matters most.
Currently, this wave has come too suddenly, and many retail investors couldn’t react in time, getting severely trapped in short positions and unable to move. But one thing is clear: violent rises without substantial positive news are unsustainable and may have considerable side effects later, with potential deep corrections. In any case, for those doing spot trading, don’t enter the market unless there’s a significant drop.
1. Binance announced that before April 28, 2025, it will convert various delisted cryptocurrencies, including TORN, OMG, and MDX, to USDC. Hurry up and eliminate the unscrupulous pests in the crypto circle. Retail investors are scared of getting cut.
2. Bitcoin price surged significantly on April 24, breaking through $93,500. Reports state that the son of the U.S. Commerce Secretary has partnered with SoftBank and Tether to launch a $3 billion cryptocurrency investment plan, intending to purchase a substantial amount of Bitcoin. I believe this should have been done long ago; it's only being announced now, and they’ve already started cashing out.
3. Meme coin TRUMP skyrocketed by 50% in a single day. Its issuer launched a marketing campaign where the first 220 "top influencers" will have the chance to dine with Trump. Can we trust Trump? He might just pump and dump.
4. The Ethereum mainnet is scheduled to implement the Pectra upgrade on May 7, aimed at improving network performance and security. ETH, if you don’t rise this time, we might vote to delist you.
5. Tether Treasury has minted an additional 1 billion USDC. It seems there are still many retail investors chasing the rise.
6. On Friday, $7.2 billion in BTC positions will expire, with the current put/call ratio at 0.73, the maximum pain point at $85,000, and the current price at $92,735, indicating a big win for the call option buyers.
I thought that in April, with the tariff war, trade war, and military tensions still unsettled, it would take until early May for things to start warming up.
But the market can change in ways you least expect. Furthermore, Trump is fanning the flames by making big profits through TRUMP. His presence is certainly not a good thing. What seems like a booming market may hide lurking crises that are unknown.
However, one thing is certain: the market has indeed reversed in terms of its shape, and we should primarily focus on buying on the dips. There’s nothing good about trading coins; making money is what matters most.
Currently, this wave has come too suddenly, and many retail investors couldn’t react in time, getting severely trapped in short positions and unable to move. But one thing is clear: violent rises without substantial positive news are unsustainable and may have considerable side effects later, with potential deep corrections. In any case, for those doing spot trading, don’t enter the market unless there’s a significant drop.
1. Binance announced that before April 28, 2025, it will convert various delisted cryptocurrencies, including TORN, OMG, and MDX, to USDC. Hurry up and eliminate the unscrupulous pests in the crypto circle. Retail investors are scared of getting cut.
2. Bitcoin price surged significantly on April 24, breaking through $93,500. Reports state that the son of the U.S. Commerce Secretary has partnered with SoftBank and Tether to launch a $3 billion cryptocurrency investment plan, intending to purchase a substantial amount of Bitcoin. I believe this should have been done long ago; it's only being announced now, and they’ve already started cashing out.
3. Meme coin TRUMP skyrocketed by 50% in a single day. Its issuer launched a marketing campaign where the first 220 "top influencers" will have the chance to dine with Trump. Can we trust Trump? He might just pump and dump.
4. The Ethereum mainnet is scheduled to implement the Pectra upgrade on May 7, aimed at improving network performance and security. ETH, if you don’t rise this time, we might vote to delist you.
5. Tether Treasury has minted an additional 1 billion USDC. It seems there are still many retail investors chasing the rise.
6. On Friday, $7.2 billion in BTC positions will expire, with the current put/call ratio at 0.73, the maximum pain point at $85,000, and the current price at $92,735, indicating a big win for the call option buyers.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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