1. General market background
• Market cap: $3.30 trillion (+1.08%) – growth continues, but is slowing.
• Fear and Greed Index: 71 (Greed) – the market is overheated, high probability of a sharp correction.
• CMC100 (liquid top 100): $202.59 (+0.73%) - alts rebound, but weakly.
• Alt Season Index: 35/100 – no alt season, bitcoin dominates.
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2. Dominance and capital inflow
• BTC Dominance: 62.47% – Whales and funds continue to buy Bitcoin.
• ETF inflow:
• BTC ETF: $321M
• ETH ETF: $17.6M
• Total: $339M per day
• This means: institutional money is currently only going into BTC and a little into ETH, alts are on the sidelines.
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3. Network and gas
• ETH Gas: 3.44 Gwei - super cheap, perfect time to:
• swaps in DeFi
• cross-chain bridges
• NFT transactions
• portfolio reorganization
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4. Volatility and open positions
• Open Interest (Futures): $2.99B – moderate, no panic.
• BTC Options Volatility:
• Short-term: 49.91
• Long-term: 80.20
• This means that the market is expecting strong movements in 2-4 weeks. The options are either a rise to $120K or a pullback to $88K.
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If you're in alts (not a financial recommendation)
• Now is a bad time to collect alts for the whole cutlet
For Beginners/Observers (not financial advice)
• Don't go high. Better:
• Wait for a pullback or CPI on May 13.
• Create a stable position (USDT/USDC) and prepare to enter on corrections.
• Watch BTC dominance - if it goes down, there will be an alt season (possibly)
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Key dates:
• May 13 – CPI report (US inflation): the market is waiting for a reason for growth or a dump.
• 20th of May – possible profit taking by whales and funds.
• Greed Index > 80 – potential reversal point
This is just a personal analytical view. Before making decisions, be sure to conduct your own research. You are responsible for your actions, the author shares his opinion for educational purposes only
