Judging from the current trend of Bitcoin, it is still relatively strong. It will change before 8 o'clock tomorrow night at the latest. It is likely to continue to rise. The short-term target is around 70,000. When Bitcoin was still at 25,000, we thought it would take some time to break through the new high. As a result, with the arrival of Bitcoin ETF, institutions led by BlackRock entered the market and directly bought Bitcoin, easily breaking through the historical high. The current market structure may have changed! It was mentioned last week that the AI sector can be boldly deployed, and then it rose sharply. All the current retracements are good opportunities for deployment! Always remember one thing: a decline is an opportunity, and a rise is a risk! At present, most of the varieties have fallen to a relatively historical low, and the dealers are quietly deploying. The real cottage season is far from coming! Don't wait until the market explodes and the cottage begins to dance wildly before you realize it!
Looking back at the beginning of 2021, you will find that the trends of many projects are the same as ETC. In January of the year, it was still mediocre. About two months after Bitcoin broke through the historical high of nearly 20,000, it ushered in the explosive moment. Projects that can double, double again, tenfold, and a hundredfold in just a few days are emerging in an endless stream. Looking at the current market, you will understand that our money-making market is far from here. However, it has been almost two months since Bitcoin broke through the historical high!
This round of market is different from the previous round of breaking historical highs, the only difference is that it is a little bit faster in time. According to the principle of exchanging time for space, Bitcoin may fluctuate around 70,000 for a period of time to consume a large number of profit-taking chips. Only after the chips are fully exchanged will it start to explode again. During this period of time, the copycat market is actually in a very lagging stage. An oversold rebound should be a high-probability event, which can be seen from the strong rise of some sectors at present!
Everything has just begun. Don’t miss the best opportunity to layout at the bottom. Layout heavily and do it!
Any dividend is cyclical. With the massive entry of institutions, it will become increasingly difficult for us to make money in this circle in the future, because the leeks will grow. Institutions and retail investors, institutions themselves have a great advantage. In the game between retail investors and retail investors, what we need to do is to grasp the current round of bull market. There are not many opportunities to seize in life. If you don’t take a chance now, when will you?
If the current main focus is switched to Ethereum, the outbreak of the second half of the copycat season will also come as expected. Here are a few stocks that I personally like:
Zen is currently priced at 8.89u. This coin has been recommended many times and has experienced several waves. It is also one of the currencies that Conan has been paying attention to. I personally think that the current pullback is a good entry point.
Moreover, this position has been fluctuating and consolidating for more than half a month. The daily line may show a big positive line at any time. Once the volume rises, the profit space will be at least 20%!
SATs current price: 0.000000275u This wave of decline has already reached a critical support level.
The current price is close to the cost of many large investors. Although early profit takers have sold a lot, the profit and loss ratio of building a position above this is still very cost-effective. You can ambush in the spot market, and the upward space is at least 30% or more!
meme Current quotation: 0.025u The meme coin sector is still worth paying attention to, and with the trend of meme, the bottom pattern has been formed, and the probability of an upward explosion is very high. You can ambush one hand in the spot market. The expected increase is more than 30%!
Also, many of the stocks recommended earlier are now recovering, and some have already made huge profits. ENA has already started to rise today, with a single-day increase of more than 10%.
Market analysis:
BTC: Bitcoin has been adjusted for a period of time and has been supported near 56,000. Every decline is the best opportunity for institutions, so the market will continue to adjust and fluctuate in a weak position. At the 4-hour level, 67,000 is a resistance position. At present, I don’t think it can quickly stabilize and then rise in a straight line. It is more about exchanging time for space, fluctuations and adjustments.
ETH: ETH is still weak and follows the market, and gas has remained at a low level, indicating that the internal driving force is very weak. Moreover, after entering May, ETH is indeed facing the dilemma of receiving the bad news of SEC rejecting ETF at any time. This is definitely a huge negative for those who have not been paying attention to this matter. Those who don’t know the reason may think that ETH has been sentenced to death, so now funds basically dare not buy it. If you want to have a market, you must wait until the shoe drops.
BNB: The current trend of BNB is mainly linked to the trend of Bitcoin, and there is no independent market at the moment.
SOL: SOL's current 4H continues to be on the rise, and the daily line begins to shrink and converge. This is also a signal that the market is about to change. However, the overall market of SOL is still mainly linked to Bitcoin. If Bitcoin continues to fluctuate upward, then SOL will have another wave of big increases in the near future, otherwise it will be a big drop.
DOGE: Dogecoin has currently achieved four consecutive positive patterns, but it has been recovering since yesterday and has begun to shrink and weaken on the daily line today. In the short term, there is a high probability of a downward turn, but the overall trend still depends on the Bitcoin indicators. In the short term, Dogecoin will not have an independent market.
AR: AR started to decline rapidly in the 4H, and the daily line also began to weaken. This coin is currently close to its historical high. It should be withdrawn from this position, and it will definitely fall deeply in the later period.
UNI: UNI’s current market is mainly based on linkage, and the indicator is just to look at the Bitcoin. If you want to buy the bottom of this coin, it is recommended to buy it below 5 US dollars, because UNI’s market value is indeed relatively high.
ARB: ARB is also a leading L2 currency. Although the current price is almost at the bottom, the current market value is still relatively high. I personally feel that it will continue to drop by about 30% when it falls back. This is not the best time to buy the bottom, but if you hold it, you can continue to hold it.
OP: The overall trend of OP is weakening. This wave has already pulled a lot. The next step is likely to be a correction. It makes sense to buy the bottom price of OP only when it is below $1.5, because it has such a large market value at present. Although there is a large room for OP to rise, if you buy it at a high price, the increase you can get after a bull market will not be too much, which is meaningless.
Finally, there are still many things that are not written down, such as specific opportunities and specific decisions. These things are often not something that can be summarized in one article.
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