From today's closing, the market is still strong, and there hasn't been a top signal yet. There is a high probability that the 94600 position will continue to reach a higher point. Upper resistance: 95000/96600. If it continues to reach higher, the upper space is also limited. The next surge will basically confirm the high point of this rebound.
Tomorrow is the weekend, and Bitcoin is still in a volatile market. This presents opportunities for mainstream and altcoins. Although some altcoins have surged recently, the true altcoin season has not yet arrived, and coins like Auntie are still relatively low. Let's see if there will be a surge this weekend; if there isn't and Bitcoin adjusts next month, other coins won't be able to rise either. Therefore, it's not advisable to short mainstream and altcoins; otherwise, you might be unable to withstand the rebound. There are 5 days left to close the monthly line; there shouldn't be a significant adjustment this month. Let's patiently wait for the high point signals! In June-July, it's highly likely the Federal Reserve will cut interest rates, which will lead to a surge in all cryptocurrencies, creating a golden opportunity to buy at the bottom!
Federal Reserve officials spoke yesterday about a possible interest rate cut in June!
Federal Reserve officials spoke yesterday about a possible interest rate cut in June, which is basically a done deal according to institutional expectations. Next month is likely to see a significant rise, so this month-end is a good time to position, especially with the possible altcoin season. Many popular altcoins have basically doubled or more; fartcoin, ALCH, etc., have several times the potential, so it's time to start looking for the next targets.
In the sector, it still feels like it continues from what was previously mentioned: BTC ecosystem, AI, blockchain gaming, etc. The BTC ecosystem mainly involves mainstream coins, with doubling potential. Smaller market cap AI and blockchain games can be focused on, especially the popular ones that surged in this round. You can position yourself when they pull back at the end of the month, like fartcoin, ALCH, zerebro.
Additionally, pay attention to VIRtual, auction, BIGTIME. VIRtual and BIGTIME are newly listed on Binance, with strong support from the platform, and both have dropped 90% from their highs, making them lower in market cap and potentially more growth-oriented.
In this rebound, what token in your holdings has surged the most?
You should know that during a volatile period, it's important to focus on strong coins. Strong coins tend to perform better during the oversold rebound phase, indicating that funds and market sentiment are still present, thus having greater continuity. On the other hand, those altcoins that have been quiet are likely untouched by whales; either they have been abandoned or temporarily set aside, essentially in a 'give up treatment' state.
The bull market is about to soar, and the six major mainstream coins are expected to have a 100x explosion in May!
AAVE
A well-established lending protocol, with very stable cash flow. Strong blue-chip attributes, high demand for lending in a bull market. Recently, Aave is discussing deployment on Aptos. If approved, this will be Aave's first non-EVM deployment, possibly leading to a surge!
TAO
The AI sector has started to rebound along with the market, and TAO is also a strong trending coin in the AI sector. The daily trend has begun to rise, providing an opportunity to get in on some spot trading and potentially catch a rebound!
Pepe
Representative of meme coins, this rebound has surged alongside Bitcoin, but the volatility is frightening. Now that the price has adjusted, it is an opportunity, but remember, when playing with meme coins, you need to get out fast, or you might get stuck at the peak!
ENA
A new stablecoin star, rebounding directly by 33% in February, and recently being touted as having '10x potential.' There is a team behind it that is stirring things up; if they create new plays with exchanges (like financial subsidies), the explosive potential will definitely be there!
SUI
Dark horse candidate! It has risen 800% from August to now, with a technical flow (Move language + parallel processing). Recently, it has also partnered with Jupiter for cross-chain cooperation. The price is stable in the 3-5 dollar range, and big players are watching; a pullback is a signal to get in!
