Big Pump on the Way…
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ETF inflows remain positive, mirroring the trend we saw earlier in April, and Grayscale is also experiencing positive inflows, which is definitely encouraging. Right now, the market seems highly correlated, so it's a wise move to adopt a wait-and-see approach.
Regarding Bitcoin, the sentiment is still bullish, even though the price is fluctuating between the $64,500 and $62,500 support levels. It's probably best to hold off until we see some real momentum before deciding on our next move.
As for cryptos to watch, AI-focused ones like Render, Fetch, and Near are showing strength with bullish catalysts, while Teller seems relatively bullish but susceptible to manipulation. ENA appears poised for a breakout soon, and Life Pair is intriguing but prone to manipulation. RWA cryptos like Ono are gaining momentum, and keep an eye on others like $RLC , $INJ , and $POLYX .
In terms of general advice, exercise caution and wait for confirmation before entering any trades, especially since most cryptos are still below significant resistance levels. It's wise to wait for a breakout or for momentum to gather before making any decisive moves.
