Now, people are speculating about what form the big bull market will take when it arrives.
Looking back at history, after the 94 incident in 2017, the market welcomed a frenzied bull market; after the liquidity crisis on March 12, 2020, the bull market resumed again; in 2021, Bitcoin was halved on May 12, but the bull market continued; in 2022, the market experienced a five-fold killing of retail investors, project parties, miners, institutions, and exchanges, and after solidifying the bottom, combined with the Federal Reserve's interest rate cuts, the bull market arrived as expected.
A major surge every four years seems to have become an iron law of Bitcoin. What is the reason behind it?
That's right, it's the halving. The annual output decreases, the cost of mining increases sharply, and the market rally is not only to relieve the pressure on miners but also to attract retail investors to enter.
The bull market often arrives quietly and unexpectedly. While you are still hesitating, the bull has quietly climbed halfway up the mountain. You want to wait for it to turn back and graze before getting in, but unfortunately, it is full of energy and marches forward relentlessly. By the time you finally can’t contain your impulse to enter, it seems to be tired and needs a short rest.
The arrival of the bull market often occurs during periods of market downturn and scattered sentiment. When most people feel that there is nothing left to cling to in the market, with daily fluctuations of only a few points making one drowsy, the bull market is quietly brewing.
The birth of the bull market is inseparable from the improvement of the broader environment and the influx of funds. When there is ample capital in the market and smart money starts to flow in, the bull market quietly starts. And when the vast majority of people feel despair and think there is nothing left in the market to love, the bull market is already poised to take off.
The emergence of the bull market is the result of the interplay between internal and external factors. The external factor is that market capital is abundant, seeking the direction with the least resistance and the greatest trend. When more and more funds pour into this track, the bull market officially starts.
So, what constitutes the least resistance and the greatest trend? For example, if the monetary environment is loose, will there still be a large amount of capital pouring into the real estate market like in the previous five or ten years? The answer is clearly negative. Because this market has high resistance and does not conform to the trend. Only by going with the trend can one achieve twice the result with half the effort.
How to turn 3,000 into 1 million in the cryptocurrency space?
1. First half of 2025: Buy the dip on BTC before the bull run, hold until it breaks the previous high of 110,000. Reason: At the beginning of the bull market, BTC's dominance will rise, draining altcoins, and BTC will continue to be strong.
2. Second half of 2025: BTC breaks the previous high of 110,000, switch to ETH + trending altcoins: AI, Web3, L2, blockchain games, metaverse, NFT, social, RWA, decentralization concepts, new public chains, BTC ecosystem, staking, MEME, select quality coins for allocation.
3. First half of 2026: Gradually take profits. Short BTC, low leverage long-term short.
4. Second half of 2026: Take profit on short positions. Stage bottom ambush: BTC, ETH, quality new projects, prepare for a small bull (a rebound in an oversold market during a bear market).
5. Prepare for a new round of bull market in 2028-2029.
The four-hour chart of Bitcoin shows that the market is in a strong upward phase, but the price is approaching the upper Bollinger Band, which may create resistance and lead to increased volatility. The bullish momentum has significantly weakened, and the market is entering a phase of adjustment or consolidation. Close attention should be paid to the performance of the resistance level around 105600. In the evening and next week, it is advisable to follow the trend and go long at lower prices.
Trading Suggestions:
Long at 103800-104300, target 105500-106500, with a stop loss at 103500.
For Ethereum: Long at 2480-2510, target 2600-2700, with a stop loss at 2450.
(Note: Market conditions change rapidly, for reference only!)
In the short term, the price ratio faces certain resistance and may peak and pull back. The MACD indicator shows weakening momentum, and a top signal with a doji candlestick and top formation indicates a potential trend reversal. The price ratio may encounter greater resistance at the key resistance level of 105000, and the afternoon strategy continues to focus on high positions 🈳.
Everything is cyclical, and the cryptocurrency market is no exception!
In the last bull market, Bitcoin rose from $3,800 in 2020, soaring all the way up to a peak of $69,000, while Ethereum skyrocketed from $87 to a peak of $4,800, an astonishing increase that created history and miracles!
After Bitcoin reached its peak, it fell from $69,000 to $15,500 in just one year, and Ethereum dropped from $4,800 to $881, while countless mainstream coins and altcoins had already plummeted by dozens or even hundreds of times.
Before this year's National Day, you will see Bitcoin at $200,000, Ethereum at $8,000, Dogecoin at $1, and countless hundredfold coins!
Even if there really is a counterfeit season, you must remind yourself to only focus on strong, clearly structured currencies with opening moving averages.
Don't waste your time, energy, and bullets gambling on those half-dead garbage coins, and don’t expect them to suddenly 'break out' one day.
The speculative market is not like falling in love; it sounds romantic, but in practice, it comes with costs.
Currencies that truly have funding and confidence are always the ones that start first and provide feedback first.
The recent price of Bitcoin is in an upward trend but has shown fluctuations, which may face pullback pressure. On the 4-hour chart, the K-line pattern has formed a doji and a double top, along with the weakening of MACD momentum, indicating that the market may form a short-term top and begin to adjust. Support levels are at the midline of the Bollinger Bands at 102150 and the low point of the horizontal bottom pattern.
Operation Suggestions:
104800-104500🈳, Target 103200-102500, Stop-loss at 105000
For Ethereum: 2580-2550🈳, Target 2450-2400, Stop-loss at 2600
(The market is rapidly changing, for reference only!)
The daily chart of Bitcoin shows that due to a price breakout above the resistance area and operating at a high level, along with the TD indicator's 9-count potentially reaching a phase peak, the market may face a brief pullback or consolidation risk. However, the overall strength still leans towards bullish, especially as the MACD golden cross and the three white soldiers pattern confirm the upward momentum.
Trading Suggestions:
Long at 102500-103000, target 104000-105000, stop loss at 102300
For the second option: Long at 2340-2370, target 2450-2550, stop loss at 2320
(Note: The market is volatile and for reference only!)
Bitcoin 4-hour chart, although the market shows strong upward momentum, the observed doji and top reversal patterns may indicate that the market is facing pressure for a pullback or consolidation in the short term. In addition, the price ratio is close to the upper Bollinger Band and recent high resistance levels, increasing the likelihood of a short-term adjustment.
The crucial moment is approaching, and the market fluctuations are expected.
On May 8 at 2:00 AM Beijing time, the Federal Reserve will announce the latest interest rate decision, and investors hope that the Federal Reserve will cut interest rates as soon as possible. However, the market currently widely expects that the Federal Reserve will maintain interest rates at this meeting, with a rate cut possibly occurring in June.
Currently, the market widely anticipates that the Federal Reserve will keep the policy interest rate unchanged at 4.25% to 4.50% in May. According to the CME FedWatch Tool, the market estimates a 97.2% probability that the Federal Reserve will maintain the current interest rate in May, with only a 2.8% chance of a 25 basis point cut, and a total of 3 rate changes expected for the Federal Reserve in 2025.
Recently, the price ratio has oscillated upwards, showing signs of stagnation at high levels and potential pullback. From the daily chart perspective, as the price ratio approaches the middle band of the Bollinger Bands, combined with the K-line top formation and the MACD death cross, the persimmon market may further pull back; however, due to the shortening of the red histogram, the magnitude of the pullback may be limited.
Trading Suggestions:
Bitcoin: Long at 93500-93800, target 95000-96000, stop loss at 93200
Litecoin: Long at 1730-1760, target 1870-1970, stop loss at 1700
(The market is constantly changing, for reference only!)
Bitcoin K-line pattern, recent price comparison has been fluctuating at high levels, forming multiple long upper and lower shadows, indicating significant market divergence between bulls and bears. The daily level shows a clear alternating trend of bullish and bearish candlesticks, indicating that the market is in an uncertain state. The daily MACD remains positive, but the momentum has weakened.
Operation Suggestions:
Bitcoin: 95000-94800🈳, target 94000-93000, stop loss 95300
Ethereum: 1830-1800🈳, target 1700-1600, stop loss 1850
(The market is ever-changing, for reference only!)
The daily chart of Bitcoin shows strong signals due to the red three soldiers pattern and the opening of the Bollinger Bands, indicating that the market may continue to rise. However, the recent emergence of a top formation and a doji pattern suggests that there may be short-term pullback risks. The upward momentum of the MACD indicator has weakened, indicating that there may be fluctuations and adjustments in the short term.
Trading Suggestions:
Bitcoin: Buy at 94500-95000, target 96000-97000, stop loss at 94300
Ethereum: Buy at 1750-1780, target 1900-1950, stop loss at 1730
(The market is constantly changing, for reference only!)
In the short term, the market trend appears to be in an adjustment phase, possibly digesting the previous gains. The price is consolidating near the middle band of the Bollinger Bands, indicating a weakening upward momentum and potential pullback pressure. At the same time, although there are signs of selling power being dominant, momentum is shifting, and it remains to be seen whether a new trend will form.
Short-term Suggestions:
Main Currency: 94800-94300🈳, Target 93000-92000, Stop Loss 95000
Secondary Currency: 1830-1800🈳, Target 1700-1600, Stop Loss 1850
(The market is constantly changing, for reference only!)
Bitcoin 4-hour chart indicates that the market may continue to fluctuate and there is a risk of further decline. Given the appearance of candlestick patterns such as doji and black three soldiers, along with the MACD indicator supporting an increase in selling power, the short-term trend may be weak. Ethereum is mainly adjusting, and in terms of operations, it is advisable to establish long positions at lower levels.
Operation Suggestions:
Bitcoin: Buy at 92500-92800, target 94000-95000, stop loss at 92300
Ethereum: Buy at 1730-1760, target 1850-1950, stop loss at 1700
(Note: The market is ever-changing and for reference only!)
Bitcoin 4-hour chart shows market uncertainty, but the bottom formation and hammer line suggest a potential rebound. Resistance levels are at 95750 and 95550, while support levels are at 92300 and 93900. From an indicator analysis perspective, the market is likely to remain in a range oscillation in the short term, as the MACD shows bearish signals, but the DIF and DEA are gradually narrowing, indicating a potential reversal.
Operational Suggestions:
Bitcoin: Buy at 93800-94000, target 95400-96500, stop loss at 93500
Ethereum: Buy at 1780-1810, target 1900-1950, stop loss at 1750
(The market is ever-changing and for reference only!)