Today many friends have asked, 'Arizona passed the Bitcoin reserve bill, why hasn't it risen?'
Answer: Because the governor has not signed yet!
The governor is: katiehobbs, who has up to five working days to decide. This is the first and second state-level BTC strategic reserves jointly agreed upon by the House of Representatives and the Senate in U.S. history, and it's also the first time documents related to BTC and cryptocurrencies have been handed over to a governor for signature.
There will definitely be more states passing soon, after all, the national level has passed, and states have no reason not to pass. Waiting for good news!
The market price has slightly fluctuated, but the turnover of BTC is still low, and investors’ sentiment is very problematic. Next up is the GDP data for the 30th, and I don’t know if investors will choose to hedge in advance this time.
From the support level perspective, the dense chip area around $83,000 is quickly decreasing, while more chips are still concentrated between $93,000 and $98,000, making this part of the support even more solid.
At least currently in the crypto circle, I no longer believe in the theory of bull and bear cycles! The dividends are limited! Compared to the past, I am more convinced that there is no traditional definition of bull and bear anymore.
When no one in the market dares to go long, it means the bull is coming; when no one dares to go short, it means the bear is coming! Many things that didn't arrive in the first round actually came in the second round after everyone lost confidence! Referencing XRP, last round it was immobile, and the previous round was intensely volatile! Of course, this also applies to ETH and altcoin seasons!
Last night at 12 o'clock, I thought I still had to buy the new leader, so I increased my position in WLD in VIRTUAL and AIXBT, leaving only a little. This morning, I woke up to see it ranked first and second.
There are also COOKIE, CGPT, and SHELL, all from that batch, which have been continuously dropping since their launch but are now rising steadily, it's a very correct change.
Stop-losses are all set within $200: currently, VIRTUAL has a 1:11 profit-loss ratio, and AXIBT is also good at 1:7.
The recent primary market is also hot, with Fartcoin and various conspiracy schemes emerging endlessly. Some groups have returned to the atmosphere of staying up late for swings and playing dogs, while most people remain skeptical and slow to react to the market. However, those who caught this wave of AI early have already doubled. If you go all-in later, it's also 50%. Actually, not many people caught this AI wave, which highlights the importance of always being sensitive to the market.
Regarding Pizza, how I achieved an 8x return.
On April 8, the primary and secondary markets were quiet. I firmly believe that a starting point of 7 is the bottom and am brave enough to try mistakes. I shared the logic of Pizza coin, as the crypto circle has not yet hyped the Pizza Festival hotspot. The opportunity for the golden dog was born in inscriptions and Solana's meme.
Last year there was a huge explosion in inscriptions, but Pizza did not come at the right time, while Solana was a popular public chain with many opportunities. I chose a popular Pizza on Solana with a community, with a purchase cost of 50K, now it has risen to 400K, an 8x return!
Today during my review, I found a coin that dropped from over $9 to over $0.3, a 97% drop. At this position, with a light spot position, the odds are good, and there's a chance for two to three times.
