On Friday's close, Bitcoin successfully broke through $95,000 and maintained its strength. Although altcoins did not immediately pull back, the overall price remained high, and market sentiment was relatively optimistic, indicating that there may be more increases over the weekend. Notable altcoins like $PEPE and $BONK are rising and performing strongly.
In the rebound during May and June 2024, some altcoins even reached new highs. If this rebound continues to expand, it may lead to sustained increases in some altcoins.
Returning to the current market, optimism remains this Friday, with Bitcoin reaching a new high, and no top signals appeared on the order book, nor are there further bearish news in the short term.
For Bitcoin, it is possible to continue pushing upward into the $96,400-$98,000 range on Monday, although the $95K position is a long-term take-profit point. The peak may occur at $95,600, and perhaps a new high will appear next week.
Overall, it is still expected that there will be a pullback to around 83K in early May, and subsequent market trends need further observation.
The Binance delisting announcement has become a 'bullish' signal for the token, with $ALPACA surging against the trend by 650%, crushing the shorts.
The world's largest exchange, Binance, launched its first 'vote to delist' activity on March 21. So far, Binance has held two token delisting votes.
The results of the second voting for delisting were also announced on the 24th. Binance's official announcement stated that the spot trading pairs for the four tokens $ALPACA, $PDA, VIB, and $WING will be delisted and cease trading on May 2, 2025, at 11 AM.
$Alpaca surged against the trend, increasing by over 600%.
We know that being delisted from Binance's spot trading pairs is extremely bearish news for tokens, and typically the token price will plummet as a result.
Interestingly, the price of $ALPACA surged against the trend after the delisting announcement, skyrocketing from a low of $0.029 to a high of $0.2173, an increase of 649%.
As of now, ALPACA is currently priced at $0.1995, up 158% in the last 24 hours.
Additionally, after the surge of Alpaca, many 'short' factions have emerged in the market, causing ALPACA's rate to show a relatively high negative rate recently.
In response, Binance also adjusted the contract fee settlement frequency for this token from once every 4 hours to once every 2 hours, and other exchanges have also adjusted the contract fee rate for this token to increase the cost pressure on short traders.
According to Coinglass data, Alpaca's liquidation amount in the last 24 hours reached as high as $16.23 million, of which the short position liquidation amount was $13.59 million.
Recently, the mainstream coin that has risen the most is SUI.
Since April 2025, the SUI token successfully broke through the key price of $3.39, and its locked value has also risen to $1.46 billion. This milestone achievement marks a significant breakthrough for SUI in both ecological and technological dimensions. Its innovative technical architecture, including but not limited to the DAG consensus mechanism and sharding technology, has not only significantly improved system performance but also further strengthened decentralization. SUI's ecological layout is extensive, covering several popular tracks such as DeFi, Meme+AI, and hardware, with the collaborative development in these fields showing explosive growth, successfully attracting attention and investment from mainstream capital. This series of positive changes is reshaping the market's valuation logic and strongly promoting blockchain technology towards a new era of a 'digital economy operating system.'
Simple strategy recommendation:
Beta strategy: Hold SUI's native coin long-term, increase positions when the price is below $2, and it is recommended to adopt a heavy position strategy.
Ecoin strategy: Focus on buying opportunities during pullbacks for projects like walnus and DEEP.
Easy profit strategy: Participate in MMT mining, with an annualized return of up to 1,673.10%, and receive airdrop rewards for high returns.
