From today's closing, the market is still strong, and there is no top signal yet. There is a high probability that the position of 94,600 will continue to reach a new high. Upper pressure: 95,000/96,600. If it continues to reach new highs, the upper space will also be limited, and at the next peak, the high point of this rebound can basically be determined. Tomorrow, as we approach the weekend, Bitcoin will still be in a volatile market, which could actually be an opportunity for mainstream and altcoins. Although some altcoins have risen sharply recently, the altcoin season has not really arrived yet. Varieties such as Auntie are still at relatively low positions; let's see if they will surge this weekend. If there is no surge, and Bitcoin corrects next month, other varieties will also struggle. Therefore, it's not advisable to short mainstream and altcoins to avoid being unable to handle the surge. There are only 5 days left to close the monthly line; there won't be too much correction this month. Patience is needed to wait for the high point signal! In June and July, there is a high probability that the Federal Reserve will cut interest rates, and all cryptocurrencies will surge. Personally, I believe that there won't be any significant movements in May, but there will be a golden pit, and at that time, you just need to boldly buy at the bottom!
Possible situations in the near future:
Let's first talk about Bitcoin. There is a possibility, albeit relatively small, that Bitcoin could directly initiate a large-scale main upward wave. However, even if this occurs, the highest height it can reach is unlikely to be very high. Why? Because the accumulation of chips is not sufficient, and the adjustment period is short, similar to someone not warming up properly before running, leading to insufficient energy. Moreover, the current situation of the US stock market is also not great, somewhat in a state of flux, making it difficult to create an environment where everyone is willing to take risks (risk-on), thus providing no strong support for Bitcoin's large-scale increase.
Another possibility is relatively more reliable. If Bitcoin enters a right-side consolidation phase and then makes a second bottom test, but the price stabilizes and does not fall below the 83,000 mark, then it may accumulate strong upward momentum and could potentially rise high and far.
From a timing perspective, at the beginning of May, tariff issues may arise again, and with the US stock market entering earnings season, many companies may lower future earnings expectations (forward EPS), which could likely lead to a decline in the US stock market. If Bitcoin falls along with the US stock market, around 85,000, that could be a good re-entry buying opportunity. However, this requires the premise that Bitcoin must truly fall alongside the US stock market.
As we slowly approach June and July, Trump will begin to implement the second phase of the 'relaxation of regulations + domestic tax cuts' policy. Once this policy is out, in the third quarter, those risk assets priced in USD may show a trend of strengthening. This would be very favorable for Bitcoin and could strongly drive Bitcoin into a main upward wave market.
Trump ignites the bull market! Four major altcoins will explode 20-100 times first!
TRUMP
Trump will still drive the market, after all, this is a coin he issued as president. If it goes to zero directly, it indicates he lacks vision. If Trump's coin doubles, just take the profit and don't be greedy! Long-term, I still see it as bearish, too many unlocks.
ADA
As an established public chain, ADA is a very stable investment target. Public chains do not go to zero, and there are many developments on it. The fundamentals are very strong, and it is basically possible to rise 2-5 times in the future, so now is a good time to position!
SHIB
The price of SHIB remains at the level of $0.000014, but on-chain data reveals a strong accumulation signal. The net outflow of SHIB and increased whale activity suggest that this 'Shiba Inu coin' is likely to experience a breakout in the near future, and its price may surge!
AAVE
AAVE is a leader in the lending sector. The recently launched V4 version supports cross-chain collateral, allowing even Bitcoin to be used as collateral. Cash flow is very stable. With strong blue-chip attributes, lending demand is high in a bull market, and Aave is currently discussing deployment on Aptos. Breaking new highs again is not a problem!
