SUI, ENA, OMNI, and OP welcome a large unlock

From May to June, there are many conferences on AI

MicroStrategy purchased $1.4 billion in BTC last week, and the net inflow of Bitcoin ETFs in the US reached $2.6 billion in a week

【Popular Targets】

• AI Sector: $Virtual $AI16Z surged

【Trend Analysis】

• Tether has issued another 1 billion USDT, with funds continuously flowing into BTC, a $100,000 threshold is expected

• The Federal Reserve will announce interest rates on May 8, with rate cut expectations laid out in May, and Q3-Q4 will welcome favorable policies such as tax cuts

• AI and Meme continue to be the main investment lines currently

（Market Interpretation）

BTC has been strongly consolidating for a week, unable to short down, unable to long up, with a pressure range between $96,000 to $100,000 currently undergoing consolidation with sideways declines, which is beneficial for the market to digest sell pressure and build energy for subsequent breakthroughs, waiting for the upper range of $96,000—$97,000 to short, stop loss at $98,000, $ETH is currently in an upward channel, with the upper edge of the channel at $1,830~$1,850, breaking above $1,850 is needed to continue looking at the upper edge of $1,957, $1,830, and $1,850 for shorting, stop loss at $1,870, all can only short in the short term