The market is too green, AE. $BTC is at 110K, there is a chance to break the peak again. I don't know how you all feel, but my account is still at the 7X stage, AE 😀
Calculating, BTC has been above 100K for a month now, and surpassing ATH follows the technical analysis process, right AE?
There are only 6 days left until the FOMC meeting, with pressure from various sides recently, the FED may announce an interest rate cut this time => the possibility of BTC hitting a new ATH will be very high if that happens.
Historically, BTC rises while Altcoin still drops. However, this could still lead to a stable season occurring, but if it drops, there will be no way to save it, and a disastrous season will truly come, won't it AE?
The monthly candle of Mr. BÊ is still on an upward trend, and this June is quite important for us.
If a long red candle appears, the double top structure like last season is likely to occur.
A green candle appears, but it must surpass 111K to be assured that the upward trend will continue.
If it is a doji candle, the psychological torture of trading will still continue.
In general, regardless of the candle, what we care about now is whether there is a wave for the entire market to play, right AE?
$BTC has had a very impressive journey, it’s not that it hasn't increased, but Altcoin this season is really tough; last season, BTC had 2 tops, most coins were at top 1 more than ten times, then they split about 3-5 times and then multiplied by 5 to 10 times again to complete several dozens of times in one CYCLE.
This season, however, it’s the opposite. BTC is considered to have 2 tops, nearly 10 times compared to the bottom, while Altcoins are splitting 5 or 10 times compared to the highest peak or just splitting immediately :))
$BTC and the market reacted mildly after Trump announced tariffs against the EU.
Trump is now becoming similar to Gary Gensler, isn't he, occasionally stirring up the market with a piece of news, adding some spice.
After half a year in office, the tariff imposition seems to be a move by Trump to distract the public from many other promises he made to improve America.
The US itself is also affected by the imposition of tariffs against major economies, not just dominating smaller countries.
We still have large economic groups like G20, BRICS, the alliance of Latin American and Caribbean countries, the African Union (AU), and there are still quite a few times for Trump not to let us sink, everyone 😄😄
$BTC breaks ATH ………….……………… But when it gets close to 300U, it turns back 😃😃
In fact, MM can do much more than that, but still 'thunder and lightning' so that we 'wait day and night' is still to kill Long Short first before having a different trend.
With exchanges and large organizations (Strategy, ETF funds from America… etc.) holding a lot of BTC, the supply outside the market is still quite limited => pushing is not difficult.
However, the technical barriers of any financial sector also need time and favorable opportunities to break through.
With BTC, there hasn't been any unexpected upward movement, perhaps we still need more time and a story from America - the FED - some BIG political relationship that is DISRUPTIVE to legitimize the price path.
$BTC is only 3K away from ATH price. The media will mention Bitcoin again if it breaks ATH, companies like Strategy, Metaplanet will be praised for large profits after buying in spite of everything, and individual organizations holding BTC ETF will also profit, etc...
But they won't mention the true Altcoin Holders because they - we are still at the bottom of society.
It's still about playing coins, but there is too much discrimination, right AE :))
The weekend market is extremely volatile, guys. $BTC is still the same, only Altcoins are fluctuating strongly, rising quickly but also falling just as fast.
The uptrend has only been happening for a little over a week, could this really be a retracement in a downtrend as many are saying :((
$BTC is not fluctuating much, but $ETH of Líc addiction continues to rise, completely covering the red candle from yesterday, causing the market to turn green again. The next level to surpass is 2k8. If this performance continues, the market will benefit a lot.
The DOM chart has also continued to decline, with the red candle continuing to cover the previous day's candle, indicating that some Altcoins are being pushed up instead of just standing still watching Mr. Bit 'sneeze' and then drop like before.
Although many coins have doubled, it must be said that at this moment it is a bit difficult for us to make a decision, one side is the lesson from November still fresh, while the other side is the possibility of witnessing a REPEAT CYCLE.
$BTC BTC just had a quality weekly candle. There are no signs of a price drop.
Many people are waiting to short. But looking at the candle like this, perhaps it can still run a few thousand more in price.
Many are thinking that nothing special is happening because the MACRO is still bad, the #FED hasn't pumped money, etc. But remember that if the water is too clear, there are no fish. It’s too obvious, or it has to be similar to the COVID period to explode, then the game is too easy.
Remember at the beginning of 2023, many American banks went bankrupt, the media kept saying that the American economy was facing the risk of RECESSION, even collapse, everyone was scared. However, afterwards, everyone was surprised when all financial channels were growing.
Currently, the S&P500 is still rising, gold is still rising, so if you are CRAZY, it’s a normal thing.
Think about shorting only below 100K. As for above a hundred like this, you are CRAZY, and if you go against the tide, it's a disaster.
$ETH has run and the 'baby' group in the system is running. A typical example is $EIGEN which has doubled from the bottom in just 3 days. Hopefully, ETH and the market can maintain this for 49 days rather than just a few days 😄😄
The L2 group has finally started running, the super quartet of L2, the strongest ARB is up 30% in a day. The two tech gods, STRK and ZK, are still quite calm and slowly reaching nearly 10%.
On social media, many people have thought about taking some profits; I haven't made a profit yet, so I have nothing to sell. For those who have taken some profits, please share your thoughts :))
$ETH increased by 22% in the last 24 hours, thought it was some memecoin rising :))
Definition of large market capitalization, hard to push this season, isn't it AE? It's just whether the house likes to push or not. It's still when investors are at their most frustrated, selling a lot is what pushes.
Remember, in November we saw many top coins in the market multiply by 4-7 times in a month, while new coins just barely managed to double or triple and then split 5-7 times in the past few months.
More than 2 years ago ETH upgraded #Shanghai we had waves to play, but now in Cancun no, ETH just upgraded PECTRA a few days ago will HOÀNH HẬU regain investor confidence AE?
$BTC has returned to the level of 97K last week, those who are worried about 91 88K must put it aside for now.
One thing is certain, everyone is concerned, that is the Altcoin crowd, BTC was like that but Altcoin has not changed much at all.
The same old story, while BTC is stagnant, the Altcoin decreases, the market makers keep applying the new bottom, it's really frustrating, isn't it AE?
Many people are still seeing comments, sharing their desires, have gotten on the ride, because the price is stable, the team has made commitments, has burned tokens, etc.
But I can't take it, looking at the downhill charts of the big ETH systems like STRK ZK EIGEN... it's already scary, that chart of $OM looks really nerve-wracking :))
However, it’s not entirely that OM has no opportunity, with history being a coin xxx, the chance of it dying young is always low if the market is good, OM can still pump and dump like LUNA once did.
TOLTAL3 is currently facing resistance => quite respectful of technical analysis. Recently, altcoins have benefited from the price increase of $BTC ; however, that is not enough.
TOLTAL3 needs to be stronger, breaking through resistances, only then do altcoins have hope.
As time goes on, the market has more coins, #TOLTAL3 is not increasing, or increasing little indicates that the cash flow being pumped in is very low, the possibility of being divided is greater than multiplied.
Last season, we often mentioned that bookmakers usually make compound profits with each wave, BTC being pushed up high will lead the bookmakers to sell BTC and switch to #Altcoins! and finally to memecoins.
This season, there are no such stories; everything is very difficult for altcoin players. Is it possible that the bookmakers have made enough and no longer need much, AE? For example, Idol Ryan has had enough and is no longer interested and will leave the market.
How to hold a position change like this one $VIRTUAL , right guys?
Holding it just seems like there’s nothing but goods, sharing and sharing but can’t find any people :))
I’m just saying that during the entire launch process of VIRTUAL, there were times we shared dozens of times before hitting x500 last year. It's tough, guys 😁😁
With this DOM, PUMP is really annoying, right guys? It's been running for 3 years now and still hasn't gotten tired or stopped.
Now most coins are in a terrible state, frustration is everywhere, interactions on social channels are very low, new players find it hard to last until now, but there hasn't been any strong wave, DOM keeps increasing steadily.
May is coming, the month famous for the saying Sell In May, will there be any surprises, guys? Or will new coins recently rally back to the pig trough? :))
A Bằng's new assurance hopes that everyone catches the bottom. Did anyone manage to catch the recent wave?
Damn. If A Bằng pumps this kind of confidence and hope, the market will just turn around again 😀😀
I think not many people caught the recent dip, because many times trying to catch the dip resulted in getting burned, and now everyone is waiting on the island to come back to shore.
If you say it like this, those with money who have loved A Bằng all along might prepare to catch the dip on some stocks that haven't shown strong growth yet, like $STRK $OP $W $ARB $EIGEN etc…
Anyone who is planning to catch those stocks should let it go, the boat is already very heavy, GETTING ON THE BOAT means SINKING THE BOAT :D
SUI is predicted by Gemini to reach $18 this year. In the short term, it will hit $5-8 in May. And if it goes up, it could go much higher.
For me, if SUI reaches $8-10, I will definitely SELL (depending on the circumstances, how long the market has been growing, will determine how much to sell)
What about you guys? At what price will you SELL SUI? Don't say you'll sell when it goes back to $1.9, okay? :))
After many days of red, today we finally see a green day, $BTC has reached 92K, the queen has surpassed 1K7, an increase of 10% compared to yesterday.
Although $ETH is increasing quite steadily, L2s like $STRK $ZK are not moving much, Op is slightly better compared to these two but the growth rate is not as good as Ether.
The rise in the financial market yesterday somewhat legitimized the story surrounding Mr. #Trump.
While it's unclear if he can dismiss the Fed Chairman, Trump just reversed his stance, saying he will not dismiss Jerome Powell until the end of the Fed's term.
In addition, he will not be too tough on China anymore.