About US stock market closing:
Directly to the conclusion, dear friends, focus on the key points
AI sector directly takes off: The violent bullish line of NVDA directly injects adrenaline into the AI segment of the crypto circle, with hard-core assets like FET, RNDR, and TAO必跟涨. Pay attention to whether AGIX can break through the 0.38 dollar resistance level; if it breaks, it means the market maker is leading the trend.
$MEME rides on Tesla's popularity: TSLA rebounded by 3.5%, giving life to the Musk concept, and coins like DOGE and FLOKI, which are often promoted on Twitter, are definitely being targeted. But be careful of MEME coins’ sharp spikes, especially those low market cap coins controlled by market makers.
Chinese concept coins experiencing a split: In the Jinlong Index, NIO rose by 6% while TAL plummeted by 18%, indicating a divergence in Chinese projects within the crypto circle. For projects tightly bound to domestic policies like CFX, I think it's better to go for Hong Kong concept coins, such as ACH.
BTC blood-sucking alert lifted: The Nasdaq is driving global risk assets; Bitcoin must stabilize above 64k for altcoin season to likely kick off. Focus on the ETH/BTC exchange rate; if it can close above 0.05 today, the L2s like ARB and OP in the auntie ecology will go into frenzy mode.
Personal operations:
I have already placed an order to buy RNDR at market price with a 5% position, and I'm targeting a stop-loss line for CFX at 0.21 dollars (purely betting on Hong Kong ETF news). Futures traders should pay attention to the US stock market opening at 8 PM tonight; if BTC breaks 66k, don't hesitate to chase long positions.
Blood and tears reminder: Don't rush to buy into old projects in the crypto circle just because Chinese concept stocks are rising, like the ancient coin QTUM. If altcoins spike over 30%, be sure to take profits in batches. In this market, market makers are pulling a wave and then running. After the US stock market closes at 4 AM, be cautious of sharp spikes, and keep leverage below 5 times.
Now the whole network is waiting for BTC's weekly closing; if it stabilizes, May will directly lead to a crazy bull market.)
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