= = Not yet a bull market, right? In the past two years, the crypto space has been dominated by institutions bringing traditional financial capital into the market, while poor retail investors have no money to enter. We have to wait for a significant interest rate cut and for a large number of retail investors to borrow money from banks before a major bull market can begin.
Ethereum Weekly Level AMD Rises to the Point You Doubt Life
韭菜没涨好别拔
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$BTC Everyone, please take a look at last year's market. I've been paying attention to Ethereum for a long time; it comes quickly and goes even faster. Many retail investors were given candies but forgot about the poison hits. The discussions about the high points in 2024 are the same as now, with Ethereum breaking new highs, Ethereum reaching ten thousand, and a bunch of celebrities also saying to keep buying Ethereum. Every day we see various positive news in the square, but in the end, it catches us off guard when it gets cut in half. Some people tell me that institutions will support it, but I think that's very naive. Institutions are not here to do charity; to put it bluntly, if there’s any slight change in policy, the first to run will be them, and in the end, only retail investors will be left to support it. The market's greed is at an all-time high, and the more it is like this, the more we need to stay calm. I seriously suspect that the market makers of Ethereum are the same group of people as a few years ago.
Which whale would put Bitcoin into your low-quality project instead of just giving you money to spend?
解构师Beyond
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Bullish
【Binance holding BTC? It's better to earn some interest with no risk than to let it gather dust】
I believe that all future A9 players are storing $BTC in #Binance . In fact, the financial products within the exchange only offer an annual yield of 0.02%, which is almost equivalent to nothing.
For the same 1BTC, others earn an annual yield of 3.2% while you only get 0.02%. By the end of the year, you would lose out on more than twenty thousand yuan:
💡 (3.2% - 0.02%) * 110,000 * 7.1 = 24835.8 rmb
That's enough to travel around Southeast Asia a lot, can you accept that? So the importance of financial management is self-evident.
👉🏻 Now, the new phase of "On-chain Earning Coins" is officially launched at #Binance , allowing you to enjoy up to 3.2% risk-free returns directly without gas fees!
Everything is great, but you have to act fast. The 60-day option is already gone, and I don't know if there will be more later. I have stored all my bitcoins for 30 days; I can only say that being slow means missing out.
🔶 A little extra about the safety of @SolvProtocol
As a project that has raised $22M and has a TVL exceeding $1.76B, it currently accommodates over 17,000 bitcoins.
With Binance leading the investment and Binance spot trading launched, the safety backing is well guaranteed, so just store with peace of mind!
Please sell quickly, garbage foundation. Wall Street is waiting for you to offload everything in your hands.
铁鹰说币
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Ethereum Earthquake! Foundation's Money Bag in Crisis, Frenzied Sale of 170,000 ETH for Survival? Defipunk Rebellion Declaration Ignites the Crypto Circle!
A financial shadow war concerning the life and death of Ethereum is quietly unfolding in Switzerland. The Ethereum Foundation suddenly drops a heavy bomb—new financial policy strategies targeting the spirit of 'Defipunk' and privacy protection, yet revealing unprecedented financial anxiety between the lines. Insiders reveal: the foundation's treasury has shrunk significantly and may be forced to sell up to 170,000 ETH (worth over $500 million) to sustain survival! Defipunk is not just a slogan; it's a blade aimed at traditional finance! The foundation boldly claims it will heavily invest in truly decentralized and anti-censorship 'rebel' projects, while those 'pseudo-DeFi' projects that cater to regulation will be ruthlessly kicked off the funding list.
You are right, the interest rate cut has been fully realized, it's time to sell.
Crypto飞哥
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I have a conspiracy theory: the Federal Reserve will only cut interest rates in July, yet the market is rising now. The current consensus in the market is that only after the interest rate cuts will the market go up. All the retail investors are waiting for the interest rate cuts, so even though BTC and altcoins have dropped significantly before, many people dare not buy the dip, the reason being there's no rate cut and no liquidity. This is also a key reason why most people missed out on this wave of the market. Last year's second half saw the market only rise after the interest rate cut in September. Currently, the biggest consensus in the market is that only the interest rate cuts can save the crypto world. So is it possible for the main players to set a trap? Since everyone is waiting for the market after the rate cuts, what if I pull the market up before the rate cuts? Pull it directly to July, and then when the rate cuts happen in July, create a top. After all, once retail investors see that a bull market is truly here, they will think that since the market has risen so much before the rate cut, it must continue to rise after the cut, and then distribute the chips at a high position. That point will also be when liquidity is most abundant. Although this conspiracy theory is a bit cruel and really doesn’t give retail investors a piece of the pie, this is how the crypto world operates—maximally harvesting retail investors.
Now is the time for a bullish trend led by spot supply, plus explosive shorts as fuel for the upward movement. Why go against the trend when it serves as fuel?
分析师董势涨
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I have always believed There will be a significant drop in BTC in May
From the very beginning of my posts, I mentioned that there would be a major decline in May. Even if it rises to 104,000 now, my viewpoint hasn't changed. Whether it is a pullback or a significant drop, I firmly believe that there will still be a large drop above 10,000 points. Of course, I want to remind you that this is my prediction and is for reference only. Also, just because there is a major drop in May does not mean that it won’t rise immediately. Right now, I am still looking at around 105,000 before the big drop. Therefore, predictions should not become trading advice. If you want to open positions or invest in spot trading, please do so under the advice of professionals, because trading is not about making predictions, but about going long or short based on actual conditions or investing in spots. If you lose money or miss out on opportunities by trading based on my posts, you have to bear the consequences yourself. Don't say how my posts affected you; this is merely my prediction and does not represent the actual situation.
Just a reminder, there are still about 20 days left until the end of May. If there is no significant drop this month, it will prove that my prediction this time is incorrect. There are no 100% answers in predictions; I can only say that I am sharing my understanding with everyone, and nothing more. Trading should still be based on actual conditions.
Spot market prices are rising without limits. A bunch of people are bringing orders and telling others to open contracts to short, and then it keeps rising and exploding the short positions. Institutional whales are frantically buying spot and hoarding coins without selling much, while retail investors have no spot at all and are only in futures contracts, and they are all shorting. Retail investors are completely diverging from the direction of the big players = =
加密菲姐
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Bearish
The daily rise starting from 74500 for $BTC is about to come to an end. Refer to the pink trend in the image; after a rebound to around 99000, it will at least plummet to 84000. The daily MACD is about to form a death cross, and the volume continues to weaken. The trading volume has been diverging from the rise, and the MACD on the 4-hour level is also about to diverge a second time. It should remain in high-level fluctuations for a few days; the death cross is the moment to escape.
Look at these comments, all about shorting and encouraging each other to increase their positions and average down, comforting each other that 150,000 won't come!! It seems there is still room to rise.
链上格格巫
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Daily question, can we break free today? 🙄 It won't suddenly shoot up to 150,000, right?
Bitcoin trend reversal has risen like this, various altcoins are preparing to reverse as well, don't short it!
IQ努力不爆仓
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Bearish
The trend of $ENA has always been in a daily downward trend channel, and the current price has reached the upper resistance level, being suppressed by the Bollinger Bands. Open short at 0.345, with a very good risk-reward ratio! Stop loss at 0.36.
The current market is fluctuating around 88k, accumulating long and short positions. Currently, the long-short ratio is severely imbalanced, with too many people shorting!
Many may think that the recent decline in the US stock market will lead Bitcoin to drop as well, but the current market state shows that Bitcoin is decoupling from the US stock market and gradually exhibiting characteristics of a safe-haven asset, possibly due to funds fleeing from US bonds and stocks into the crypto space.
Now that the price is at this level, there is a significant amount of liquidity around 89-90k, and there is no doubt that it will come to absorb this liquidity! The current question to determine is whether it will stay above or just briefly break through and then pull back after consuming the liquidity!
Key price level: 88900
This price is the bottom support level of the upper range 89k-11k. If it breaks through with volume and stays above 88900, and continues to fluctuate upward after a few retests, market sentiment will be ignited, and everyone will start to chase long positions!
Currently, there are several entry points for increasing positions: 1. 83900 2. 86500
The third point will be 88900. This price level today will likely be reached by burning short positions and rapidly pushing upwards. Close attention is needed to monitor whether the price can effectively support 88900 after a retest, without quickly falling back down! 1. If it retests upward, positions can be increased. 2. If the price quickly falls after consuming the short fuel, it indicates a large number of long positions exiting, which may trigger a correction, aiming for a target of 76-78k.
Personally, I hope to hit the stop losses at this level and undergo a major correction, as this will provide a second opportunity to enter at a lower position. Currently, the trend is to stop the decline and initiate a rebound, but the current market is not a clear upward trend, but rather a rebound. It needs a major correction to create a higher point before continuing to rise to form a consensus on an upward trend!
Strategy: If it fakes a breakout at 88900, close long positions and chase shorts, targeting 76-78k, with a stop-loss set at 95k, the risk-reward ratio is not favorable.
If it breaks through 88900 and establishes a stable position, increase long positions, set the stop-loss at 86500, with the first take-profit target at 95000 and the second take-profit target will depend on the price reaction after it goes up.
In terms of the larger trend, Bitcoin has broken away from the three-month descending trend line suppression and is currently in a consolidation phase, which is the macro environment trend.
Today, Bitcoin inexplicably broke through the 83-86k range with volume, Along with breaking away from the descending trend line suppression, it is currently very optimistic for a rebound, not a reversal, but a rebound.
Regarding a reversal, as per the daily chart, the right shoulder of the head and shoulders bottom has not yet formed; the double bottom structure on the daily chart is not obvious. Looking back at last year's trend, if the operator is in control, there will be a clear signal painted at the bottom indicating a double bottom or head and shoulders bottom. Currently, it is leaning towards a head and shoulders bottom.
However, trading is not based on guessing; it relies on imagination!
1. Assuming a head and shoulders bottom pattern is drawn, currently lacking a right shoulder, how to depict it? First, pull high to eat liquidity and then crash => Predicting a spike around 75-78k, looking at the liquidity area at a high of around 88-90k, it is estimated that it can spike to 90k. If it reaches around 90k in this pressure area and breaks through with volume to stabilize at 90k! Then congratulations, you can look at 95k, this maximum handover area, trapped area, if it goes above 95k again, new highs can be expected.
2. Recently, if it repeatedly tests 83900 without breaking down, and directly pulls up with volume to break away from the 83-86k range, currently in consolidation, if it does not form a right shoulder and directly starts the movement, then I hope to see a retest at around 86443, about 86500. After a retest, if it continues to push up, there is a chance of directly starting the movement; otherwise, today's surge must be viewed as very dangerous, the goal is to eat liquidity estimated to reach 88-90k. The final surge to eat liquidity is because the shorts stop-loss, and the explosive movement easily leads to consecutive spikes. This surge to eat liquidity also aims to clear out the upper chips, benefiting the pull-up after a correction.
Opening Strategy:
For those currently holding long positions, it is recommended to take profit near 88-90k, as this is the most dangerous moment when the price is around this area. Observe whether it stabilizes at 90k or if the price quickly drops (the operator's long positions are being closed). This time will be very short, estimated at 30-60 minutes, just a few candlesticks, you will find it difficult to react and judge in real time. If you observe a rapid drop in price with volume, it is recommended to take profit directly and open a short position.
For those without positions, wait for the price to come to 88-90, observe the price reaction here. If it stabilizes, retest 90k to confirm stabilization and go long; if the hourly chart spikes around 90k, go short with a target of 75-78k.
Such a low-level scam, and there are still people falling for it. Is the money from the 'chives' just blown in by the wind? A few million just disappeared like that.