4. Quick Access to Crypto Influencers

1. Top Trader Dove

Dove updated the day before yesterday:

I didn't trade well during the recent impulsive rise — although I had the right direction, my execution was completely off. I was shaken out and stopped out before the market started.

Looking back, what protected me during the pullback was very strict stop losses and high sensitivity to losses, but these limits also prevented me from seizing the subsequent rise. This month has been very rewarding for those willing to take risks. There were almost no ideal entry setups; it basically required you to choose to believe in a direction and hold firm on your long positions, which I couldn't do at that time.

Looking ahead, this surge to $100,000 confirms the previous reversal at $90,000. What we now need to face is a strong possibility of hitting a historical high again. I hadn't considered this in my baseline expectations, but the inflow of funds from Saylor and ETFs seems endless.

In contrast, most crypto native players were still on the sidelines until yesterday, even shorting! I expect Total3 (total market cap of altcoins) to see a very strong mean-reversion-style rise because hopes for new highs will make everyone dream again.

(Dove reflected on his mistake in April, believing BTC will soon hit a historical high. The recent strong rise in altcoins confirms his view from the day before yesterday that Total3 is rising.)

2. Trader Vivian

Vivian updated this morning:

Before a huge altcoin market surge, there will be a small pullback. The full moon and CPI are catalysts for this market. I won't worry too much about spot prices; the worst-case scenario is a drop of 15-18%. Our strategy for this week is as follows:

Tuesday (Eastern Time): Swing long — average down from the lows until Tuesday night during the London session;

Wednesday night: First wave of profit-taking;

Friday: Exit all weekly swing long positions.

When the Asian market opens, long positions should end at 105,000, begin taking profits on meme coin long positions among altcoins, keeping only two and setting very strict stop losses.

Take profit on half of the LTC long positions and Trump coin (Trump) long positions, and continue to hold.

Your stop loss is very tight and will eventually get swept out at some point, possibly. But if the market strengthens, they will continue to run; if not, you will also exit without significant losses, ending the long position as planned.

(Vivian plans to take profit on some meme coin long positions first, then continue swinging long this week and clear out by Friday.)

3. Top Trader Joshua

Updated this afternoon:

If this is the peak, or if a short-term peak appears a week later, the on-chain sector is likely to start seeing explosive coins.

Everyone can do their own research to "pick up leaks" because this is a market where coins could yield 5x or 10x returns, so it is recommended to prepare in advance.

I am also compiling my coin list,

If you have good projects,

Please write down the token code and your recommendation in the comments.

When I share my list later, if I find it appropriate, I will also include the projects you recommended.

About MEW:

So there are on the Robinhood exchange

$PNUT, $MOODENG,

And there is $MEW on Upbit,

But the total market cap is only 360 million?

Is the trading volume still about the same as SHIB??

Updated at 2 PM Beijing time:

Alright, what’s next? It should be forming a bottom here, preparing for the next wave of market movements. (MEW) will not drop below 0.0039.

(Joshua believes that a gold dog might come out on-chain soon, and he will compile a list. Additionally, he thinks MEW, as a meme coin that has appeared on the Robinhood exchange, has huge trading volume but a low market cap, indicating some potential.)

4. Top Trader Altcoin Sherpa

He updated today:

"But what coins should I buy?" Bro, at this point, anything is fine.

In a great bull market, prices will not give you the complete 50% pullback you want and are waiting for. You need to look for areas that have dropped around 25% from their highs and have started to consolidate. These are good entry points. Refer to $POPCAT.

(Sherpa believes it is the season to buy with closed eyes; a pullback of around 25% during a bull market is a new buying opportunity.)

5. Top Trader Nachi

He retweeted good news about tariffs tonight:

This is the best trading result we can achieve. Everyone is celebrating, but $BTC hasn't risen.

Why? Because under macro uncertainty, a large amount of money has flowed into Bitcoin ETFs, and now this situation has reversed.

This is not good news for BTC, while US stocks are becoming more attractive. That’s why you see the Nasdaq up 4%, while BTC hasn’t moved much.

It is expected that BTC will have a local peak here, followed by a pullback before truly surging to historical highs. I still believe everything will continue to rise before August after some consolidation.

If you are currently FOMOing into altcoins, you need to be cautious here.

(Nachi believes BTC will peak in the short term, pull back, and continue to rise in August until reaching a historical high. Caution is needed when chasing altcoins.)

Wave Theory by Liu Yudong

May 12, 2025 daily chart

The upward trend will not end before breaking 100465. There is a significant probability of hitting 106080-109588 soon. In the future, after a pullback, it will surge close to 125000.

(Liu Yudong believes BTC is likely to surge again, but a pullback is needed before breaking new highs.)

5. Summary

The past few days have been considered altcoin season, with most altcoins rising over 10%. Long positions should have taken profits, and any further trades should be short-term.

On April 24, our community issued a medium-term long position in Doge, which successfully took profit over the weekend. The profit-taking point was set at 0.238 because around 0.24 is a resistance level. To ensure that nearly 1,000 group members could exit smoothly (the actual number of followers was not high), we could only provide a conservative point, considering group members who may not have the time or energy to monitor the market.

At this point in time, there is already a divergence between bulls and bears; some believe BTC will continue to surge, while others think it will pull back. However, most people believe there will be new highs this year, so buying the dip is the trend-following trade. Take profit in batches to ensure safety.

If you want to chase the rise, you must enter and exit quickly; if you enter late, you have to run fast, or you'll end up being the one stuck holding the bag. Bull markets are when people get trapped. The various profit-taking screenshots we see online will eventually lead to later buyers. Those who enter late and are reluctant to leave will pay for this carnival feast, while those who sell early will always profit.

Statement:

The above information is for reference only and is not trading advice. The crypto market is high-risk, and participation should be cautious.

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