Yesterday it was mentioned that Bitcoin was expected to pull back to 89000 due to insufficient liquidity, but in the evening, American funds made substantial purchases, and positive news quickly pushed prices back up to around 97000.
The originally near-breaking trend has been forcibly pulled back due to news stimulus. If there are no new positive developments in the short term, it is expected to fluctuate around the 5-day line (about 95600) today.
The main resistance level for the next stage is roughly at $100,000, but whether it can break through still depends on macro drivers—such as the Federal Reserve's interest rate meeting at 2 AM tomorrow. Future market trends will depend more on economic data, political situations, and policy expectations.
Tonight there are two major events to watch:
Countdown to Ethereum Pectra upgrade
Tonight at 18:00, Ethereum will officially launch the Pectra upgrade. The last testing failure caused market panic, with $ETH briefly dropping below $1400, making this upgrade a focus of attention.
Although this round of upgrades lacks explosive points, multiple underlying optimizations will lay the foundation for future performance and scalability. It may be difficult to directly reflect in the price in the short term, but the long-term significance is substantial.
Another thing is the Federal Reserve's interest rate meeting at 2 AM on Thursday, which may determine the main line timing of the global market in the coming months.
Short-term interest rate cuts are almost hopeless, a point that has been fully anticipated by the market, so the impact is limited. But the key is whether the Federal Reserve will release signals about the future policy direction after the meeting—especially guidance on whether to cut rates in June.
Data shows that market confidence in a rate cut in June is weakening, with expectations dropping from 68% to 31.8%, while the probability of no rate cut has risen to nearly 70%. This means that Federal Reserve Chairman Powell's statements are likely to lean hawkish, unfavorable for risk assets.
If Powell releases dovish signals, the market may rebound in the short term, making it a good opportunity to replenish positions; but if hawkish remarks prevail, short-term adjustments may intensify, making risk control and cautious chasing of highs more important.
Today I gave the MVP to the big cousin, it's simply a points operation!
CZ posted on X suggesting, 'to reduce BSC's gas fees by 3 times or 10 times.'
Today let's review $LLJEFFY, not for right or wrong, but to see the key clearly.
Sister Zhao on Twitter suddenly spread FUD at a critical volume point, a wave of blows directly severed the emotional flow. Once the rhythm is broken for such coins, reversing will be harder than for other projects. If it collapses, no one will pick it up; if it doesn't collapse, it will also be difficult to regain enthusiasm.
However, the key point of the review is never about who sold early, who surged higher, and certainly not about empty talk like 'don't chase the highs.'
The real key is:
Can you decisively act when the narrative just begins?
Do you possess the ability to perceive the emotional top, rather than just staring at the cold, hard K-line and market cap?
Making decisions based on technical indicators can only reveal the surface; what truly holds value is the upgrade of cognition.
I do not pursue zero mistakes; I only want to have a greater space for performance at critical moments.
This is the real question to ask during a review.
The BSC zoo craze is upon us! The donkey and gorilla are taking turns leading the surge.
The BSC chain is welcoming an animal Meme market, with the donkey $DONKEY and the gorilla $gorilla as the focus. Binance officials and CZ have interacted multiple times, continuously setting the rhythm.
$gorilla: A gorilla-shaped coin, symbolizing 'mindless all-in' traders. With a market cap of about $6.2 million, it has risen over 2490% daily, already ranking among the hottest on the BSC chain. Currently not yet listed on Binance Alpha, it is one of the biggest expectations.
$DONKEY: Once the leader yesterday, with a market cap of about $10 million, today it has pulled back by 21%. It has received multiple likes from CZ and has been listed on Alpha, making it one of the core projects of the current BSC zoo trend.
Market enthusiasm is surging, and the hotspots on the BSC chain are almost divided between these two animals. Many players choose to hold both $DONKEY and $gorilla, betting on the second spring of Binance chain Meme.
That's it for this article! If you feel confused in the crypto world, consider laying out and harvesting with me!
