The current market state is somewhat stagnant, with weak upward momentum and difficulty in sustaining downward trends, overall fluctuating back and forth in a range.
The lack of sufficient positive stimuli makes it hard for the market to show clear breakthroughs. To break this deadlock, we may have to wait for potential interest rate cut news next month to possibly reignite market vitality.
At present, the overall trend is not clear; there are no signs of a full bull market, nor have we entered a deep bear market, but rather it resembles a back-and-forth fluctuation within a 'horizontal large box' structure.
"Cutting losses short and letting profits run" is a common phrase in trading circles, but few truly understand it. In fact, it's somewhat similar to gardening.
As a flower enthusiast, I know that a plant's growth needs to follow its natural course. Once the seeds are buried in the soil, excessive intervention can be detrimental. Constantly digging them up to check the root system or altering their orientation can harm even healthy seedlings.
Trading is the same. Frequently entering and exiting the market may seem like controlling the situation, but in reality, it leads to missed profit opportunities. Many traders incur losses precisely because they don't understand the principle of "doing nothing to manage," and excessive actions disrupt the market's rhythm.
The true path to profit lies in patiently waiting, allowing the market the time to establish its own rhythm, and then harvesting at the right moment, rather than forcibly intervening. The market has its own rules; by respecting them, profits will naturally grow. #加密市场反弹
Adjustment, a brief pause, the pace of the pancake is slowing down. After peaking and falling back to 92,000 last night and rebounding again, it is currently around 94,000, basically maintaining a normal structure. Overall, the volume has decreased and entered a range of fluctuations, still in the correction phase. The strength and rhythm of the correction are quite good, basically running around the range of 92,000-94,000. It has not yet exited the fluctuation area, so we can seize the opportunity for high shorts and low longs within this range for layout. #特朗普施压鲍威尔
When the hype fades, no matter how strong the 'Dogecoin' is, its path to zero seems to be just a matter of time, and the practical significance of this viewpoint is increasingly prominent. Even if there are occasional brief rebounds, they are merely a flash in the pan and difficult to change the overall downward trend.
The current market trend is becoming increasingly complex, and the difficulty of operation has significantly increased. In this environment, the primary task should be to protect the principal—making money is not easy, and blindly chasing highs is like 'drinking poison to quench thirst.' Only by stabilizing oneself can one quietly await the winds of change and welcome real opportunities.
On the blockchain front, last Sunday the Bitcoin turnover rate hit a recent low (16,000 BTC/24 hours), reflecting a lack of market activity, but the 83k support remains solid, and market confidence is still there.
On a macro level, the market has turned its attention to the GDP data for the first quarter of 2025 to be announced later this week, which will provide clear guidance for 'recession trading.' This week, tech giants Tesla and Alphabet will release their earnings reports after the market closes on Tuesday and Thursday, respectively, and their performance may cause market volatility, affecting Bitcoin and other risk assets.
The appointment of the new SEC chairman brings new hope to the crypto industry, as the repeal of SAB 121 demonstrates a friendlier regulatory stance. It is expected that by the third quarter of 2025, policies regarding spot Ethereum ETF staking will become clearer, with a high likelihood of approval.
The cryptocurrency has not yet broken through the upper boundary of the box and has not entered a higher level box. From the trend analysis, it is highly likely to first retrace to the support levels of 80,000 or 78,000, and then break upward. Overall, the outlook for May is optimistic, and it is expected that the cryptocurrency's high point this month could reach 92,000 - 94,500.
Waiting for another pullback to 75k, last time the tariff pullback was a bit too cautious Btc Sol these two need to pull back Hesitating is disrespectful to them #币安LaunchpoolINIT
In the field of economics, the concept of "only getting rich once" is a highly cautionary idea.
Data shows that 99% of people only have one key opportunity to accumulate wealth in their lifetime, and most struggle to maintain their achievements, ultimately reverting to poverty.
Looking back over the past two decades, it is not hard to find that about 80% of former high-income groups eventually fell into financial difficulties. The root causes are twofold: first, mistaking the opportunities presented by the times as personal ability; second, personal desires far exceeding actual control.
For example, there was a real estate tycoon who managed 50 projects at his peak but ended up with 3 billion in debt due to a broken funding chain.
In fact, preserving wealth is far more challenging than creating it.
In reality, cases of wealth shrinkage are not uncommon: some have lost their fortunes due to gambling addiction, others have exhausted their savings due to poor entrepreneurial decisions, and still others have lost everything due to excessive borrowing or stock market gambling, even suffering significant property losses due to marital disputes.
A senior executive of a certain company, due to failed futures investments, not only lost tens of millions in assets but also fell into a debt trap.
In contrast, those who successfully preserve their wealth have a profound understanding of their own capability limits.
A founder of a technology company decisively cashed out at the peak of industry dividends, rationally diversifying the funds, and has since maintained steady returns.
Thus, it is evident that restraining desires and making rational decisions are the core principles of protecting wealth.#币安上线WCT
What is the current situation in the market? Liquidity has just improved a bit, for example, liquidity has recovered by 50% The number of people placing orders has doubled The meme industry chain has made memes produced like sausages When liquidity is a bit better, the machines start producing
And retail investors like to study the patterns on sausages #加拿大推出SolanaETF
DARK is only 4 times away from the $RFC high point
Big gold is built layer by layer, it won't be done in one go, taking a big step forward and a small step back, slowly washing out the paper hands,
In April, I took these two big positions, didn't play much with others, I'm not good at small coins, only suitable for playing with large coins and focusing on heavy positions, avoiding PVP
$RFC has reached A8 $DARK will also reach A8 soon
After finishing these two in April, I plan to take a break #币安上线WCT
This week's initial pancake's upward momentum has slowed after a recovery, rising to nearly 8.6 before retreating, currently hovering above 8.4.
Last week, it rose by 10%, followed by a mild correction. The futures market sentiment did not follow the surge, with a significant rise from November 2024 to early 2025, but the futures sentiment index peaked early and has now declined, approaching support levels, possibly due to profit-taking, among other factors.
However, there are optimistic signs in the derivatives activity; the buy/sell ratio of its participants shows that bullish trading is once again active, which, while not guaranteeing a market reversal, may bring short-term momentum. #加拿大推出SolanaETF #币安上线WCT
Although I won't be trading ETH for the next couple of days, I still want to provide everyone with my personal subjective short-term entry opportunity!
In the evening, you can wait for ETH to rebound upwards to 1590 and then enter after a pullback at 1570, aiming for the 1605 area.