Currently, new funds are flowing into Bitcoin, as evidenced by the continuous premium from CB, indicating strong buying power. After a short-term consolidation, it will soon challenge the $100,000 mark.
Therefore, starting in May, the mainstream narrative will be to buy on dips with a bullish outlook. In May, the market will start speculating on the expected interest rate cuts in June. As we enter June and July, the market will shift its focus to Trump’s tax cut expectations, followed by a series of positive expectations regarding the Federal Reserve's ongoing QT reduction, all of which are favorable for the market. This is why I have consistently stated that the real market action will happen in Q3 and Q4.
After Bitcoin stabilizes, the current AI concept is surging wildly. In such a large market, there really aren't many targets to speculate on, so the AI narrative will continue to dominate, followed by meme narratives.
