May 8, 2025

The market is getting better; after more than two months, Bitcoin is once again challenging the significant resistance of $100,000. If it breaks through, it means that the previous adjustments in Bitcoin were in place, and the crazy bull market for the second half of the year will officially start. This is also the last wave of the four-year cycle. Today's performance of Ethereum is also decent, breaking through $1,900. Although it still lacks any convincing power in terms of Bitcoin's exchange rate, at least this wave has barely kept up with Bitcoin's rhythm. Of course, I am not promoting Ethereum; on the contrary, I acknowledge Ethereum's weaknesses. However, if a bull market starts in the second half of the year, the absolute price of Ethereum shouldn't be too far off.

As for whether Bitcoin can successfully break through $100,000 and stabilize, according to past patterns, the probability of standing firm on the first attempt is greater than 50%. However, if the breakthrough fails, subsequent attempts will become more difficult. Regardless, the current situation is relatively good, especially after experiencing last month's extreme panic market. It will be quite challenging to return to that price in the short term; one could even say that we won't see lower points in the next six months.

Regarding other altcoins and mainstream coins, the short-term trends are not very strong. I mentioned yesterday that if a market does come in the second half of this year, I will choose to liquidate my positions and wait for Bitcoin to break $100,000 and set a new historical high. Most mainstream coins and a few altcoins will likely have the opportunity to catch up. I define mainstream coins as those with relatively high market capitalization, such as BNB, ETH, SOL, and some blue-chip DeFi projects, while others are collectively referred to as altcoins.

An undeniable objective fact is that with the participation of capital giants like Wall Street, and as Bitcoin prices rise, the opportunities for retail investors in the crypto space are gradually decreasing, especially the chances of getting rich quickly during the wild days are becoming rarer. Therefore, any upcoming market should be cherished. I personally still hold over 90% of my positions, approaching full exposure, to embrace the potential crazy market. In this round, I hope everyone wins.

Thank you for your attention and likes.