Bitcoin has surged nearly 30,000 points in less than a month, with no pullbacks during this period. This momentum is even stronger than when Trump was elected, and the extent is beyond anyone's imagination.
The current trend is undoubtedly driven by all favorable news, completely lacking any technical analysis; winning or losing relies entirely on position and mindset.
The psychological game between retail investors and institutions, where is the upper limit? Currently, just referencing the 105,000/108,000/110,000 thresholds, while the lower support at 103,000/100,000 remains strong. In such momentum, the bold will thrive while the timid will perish.
Continuing to adjust and slowly rise over the weekend, Ying Jie has emphasized multiple times that during the weekend, the focus should be on low buys as much as possible; this approach has a 95% chance of success.
The weekend saw a third test of the 105,000 threshold, indicating strong resistance at this position. If broken, it may continue to the 106,000-107,000 area; if not, it will retest the 103,000 level, and then we will look at the guidance at 2 AM.
If it breaks through first, we can go short in the 105,000-106,000 area, targeting around 103,000.
If it pulls back first, we can follow the trend in the 102,500-103,000 area, targeting the 105,000-106,000 area. $BTC
After the Ethereum upgrade, the positive effects continue to ferment, directly breaking through the 2600 level. As promised, we are looking towards the 2600-2800 area, and the first target has been reached. We will continue to follow up and look further up. $BTC
The highlight of early this week was Bitcoin, while at the end of the week it shifted to Ethereum, especially after the upgrade, where Ethereum surged strongly, with a single-day maximum increase of over 23%. At one point, its momentum overshadowed Bitcoin, and Ethereum, once referred to as 'the second coin', has made a comeback.
The next day, it tested the lowest line at 2268. The support level at 2280 suggested by Yingjie was crucial, and if one had bought at that position, they would currently have a profit of over 140.
During the weekend, the adjustment continued. After the upgrade, Ethereum is expected to continue to benefit from positive developments, and this wave may test the 2600-2800 area, so it is advisable to go long on any pullbacks. $BTC
Continuous positive news leads to Bitcoin's strong breakthrough of 100,000
1. Multiple states in the U.S. may start a crypto reserve race
2. The U.S. has reached trade agreements with multiple countries, easing trade tensions
3. The stablecoin bill vote is imminent, with major players entering the stablecoin market
4. SEC and Ripple reach a settlement
5. SEC considers new rules to ease the issuance of security tokens
6. Concerns about stagflation may be beneficial for cryptocurrencies
7. Ethereum's Pectra upgrade causes a surge in Ether, driving a significant rise in the entire crypto market.
8. The driving force behind it all comes from "Trump"
This week, Bitcoin surged, especially after breaking through the 100,000 mark, with bulls charging towards the 105,000 point. If this momentum continues, new highs are expected, but after a significant rise, one must also be wary of the risks of a pullback.
After the Pectra upgrade, Ethereum has surged over 20% in the past 24 hours. Its price strongly broke the 2000 mark and continued to rise, reaching a daily high of 2491, with an increase of nearly 700 points in just two days, a range beyond imagination.
This wave of increase is comparable to a 'bull market' momentum, but for 'Bitcoin', Ethereum is still relatively lagging behind. There was a short-term rise followed by a pullback, with the upper level still under pressure at the 2500 mark, while the lower level continues to focus on support around 2280.$BTC
Federal Reserve Interest Rate Decision + Powell's Speech Double Impact!!!
Regarding the Federal Reserve's interest rate decision in May: Essentially holding steady (no change), Bitcoin is expected to rise sharply before pulling back.
Powell's Speech: Will he reiterate that there is no rush to cut rates and emphasize the independence of the Federal Reserve? Or hint at whether there are clues for rate cuts in June, July, or August, even though Trump has repeatedly criticized Powell? However, Sister Ying believes that it is unlikely to cut rates before September.
If there is a sharp rise from evening to early morning, one can short above $9.78, targeting around $95,000, with Ethereum following suit. $BTC
At this stage, the financial market believes that the Federal Reserve will not only maintain short-term interest rates stable at this week's meeting, but is also likely to do so at next month's meeting. The market thinks that the Federal Reserve may not lower interest rates until July, and even then, it may only reduce them by 25 basis points.
If this is the case, the Federal Reserve may need to be prepared for an escalation of anger from the President of the United States. However, this President's attacks on the Federal Reserve may, in turn, further delay the date for interest rate cuts.
This is not due to the Federal Reserve's stubbornness, but because Powell knows he needs to reassure bond investors that an independent Federal Reserve will safeguard their investments and protect the value of their funds. $BTC
China-US talks, Bitcoin short-term pull-up broke through the 96,000 mark, currently around 9.62 can be shorted once, defense 9.72, target 9.45-95,000 area. $BTC
The May Day holiday is a buffer period for bulls, and it's also a counterattack for the bears. This round of high market has a space of around 4000 points. The cyclical high has already gained several thousand points. Plus, with today's high near 95,000, it's another thousand points, resulting in significant profits.
Bitcoin continues to decline and will test the 93,000 mark. If accompanied by negative factors, it will inevitably face a waterfall-like decline. Even with a slow decline, it will eventually break below the 93,000 mark.
Bitcoin, after multiple dips to the 93,500 line, has rebounded, but the strength of the rebound remains weak. Conversely, it continues to face pressure and decline around 95,200. The day before, Ying Jie emphasized that above 95,000 is the main short position, instantly capturing a thousand-point space.
Currently, Bitcoin has once again entered a consolidation period (93,000-95,200). Those holding short positions can continue to hold. The daily fluctuations are limited mainly due to the financial market's 'window period' and the guidance of the Federal Reserve's interest rate decision. $BTC
A large bearish candle, the bears have come to meet, although the amplitude is not very large, we can see the rebound is weak, at least from the morning until now it hasn't even reached the 95,000 mark, the trend is quite strong!
Many people are asking if Sister Ying will fall below the 93,000 mark, and whether it will go down to the 90,000-91,000 area?
Falling below the 93,000 mark is just a matter of time, it depends on whether you can hold on. Once it breaks below 93,000, the next step will test MA10 around 92,000, so is 90,000-91,000 far away?
Currently, the trend has returned to the adjustment area of 93,000-95,000, and this adjustment is different from last week. Last week was a breakout, this time it is a retest. It is very likely to lead to a waterfall-like decline; if it doesn't firmly hold above 95,000, the focus will continue to be on a higher trend.
This week, the independent Federal Reserve will certainly maintain interest rates. There is no doubt that the economy is softening, but it has not yet reached a point that forces policymakers to react too strongly. Especially given that price pressures (particularly personal consumption expenditures) are still persistent.
In this context, the potential impact of tariffs will certainly keep the Federal Reserve on alert. From the current situation, the markets have not priced in expectations for a rate cut this week. Trump reiterated over the weekend that he has no intention to fire Powell, but do note that he also took time over the weekend to post: no inflation, the Federal Reserve should lower interest rates!
Therefore, if the Federal Reserve does not do so this week, it will see how sharp Trump's gaze on Powell can be. It is not ruled out that Trump will again harshly criticize Powell over this decision. $BTC
The long-awaited crash has finally come, and we have managed to seize it. As we discussed yesterday, we are looking at around 93,000 below the critical level of 95,000, and we are now very close.
This wave of high positions, combined with the short-term shorts, has allowed those who believed in Sister Ying to benefit. You all need to thank yourselves for this journey; many were scared away by the slow rise along the way, and perhaps there are still many trapped orders above 96,000.
Perseverance is victory, patience is the most stable trading strategy, and Sister Ying is your strongest support...$BTC
Under pressure and downward, everything is as expected. Bitcoin has broken below the 95,000 mark and continues to explore downward. The 94,000 mark will also be a transition point. The pullback period has begun, hold onto your high position and continue to hold. $BTC
Non-farm data is favorable, Bitcoin rises and then falls. Sister Ying perfectly predicted the bullish trend, successfully capturing a thousand-point space with long positions. She then emphasized that as long as it doesn't break 98,000, short positions can be taken. This wave of high-position trading once again captured over a thousand-point space.
Bitcoin, recently showing a strong bullish trend, once tested the 98,000 mark under the boost of favorable non-farm data. Unfortunately, the bullish momentum did not continue. On the contrary, during the May Day holiday and the weekend market, it experienced a downward trend. The bulls received a buffer, which is a good thing for the market. Next, we will see the support situation at 95,000.
From mid-April to early May, Bitcoin surged over 20,000 points. Sister Ying believes this wave of bullish momentum will be released, gradually turning into a counterattack situation for the market. After all, the impact of non-farm data is limited, and with the Federal Reserve's interest rates remaining unchanged in May, it is a foregone conclusion.
At this stage, although the bulls hold an advantage, Sister Ying believes that one should not blindly chase long positions. Even shorting at high positions is relatively more stable than shorting at low positions. Even if the market has recently surged, as long as the entry point for the market is just right, one can still make a turnaround. The focus in the current phase until dawn is on the support situation at 95,000. If it breaks down, we will continue to look downward.
Non-farm payrolls surged and then fell back, with a weekend decline retesting the 95,000 level. Above 97,000, short positions continue to be held, and the focus will be on the support situation at 95,000.
Currently, there are still signs of a short-term pullback. If the 95,000 level is broken, Bitcoin will continue to retest the 93,000 level. Pay close attention to the price action at 2 AM, and next week will also see the Federal Reserve's interest rate decision. The probability of not lowering interest rates in May is basically a done deal, and once the positive sentiment is fully digested, it will turn bearish. $BTC
In this context, is the institution capable of controlling Bitcoin?
Fortunately, data indicates that there is currently no such trend. But it does suggest that their influence is increasingly growing, especially in terms of price behavior.
From the correlation chart between the S&P 500 Index and Bitcoin, the correlation between Bitcoin and traditional stock indices like the S&P 500 or Nasdaq has significantly strengthened.
As these large entities enter the market, BTC is increasingly viewed as a 'risk-on' asset, meaning its price tends to fluctuate with changes in traditional market investor sentiment. $BTC
Non-farm payrolls rose as expected, successfully taking the 1000+ space, and then quickly took the 1200+ space again.
The recent trend has been a drop of 1000-2000 points, followed by a slow rise that continuously hits new highs. Today's operations should focus on the support and resistance in the 96,000-98,000 area, and operations can maintain high short and low long positions, $BTC