As Bitcoin starts to rise, should we go all-in or reduce positions at highs? Which 100-fold potential coins can we pay attention to next?
At 8:30 last Friday (May 3), the non-farm payrolls released by the United States were far lower than expected, and the unemployment rate in April increased by 0.1%. The bearish data on the US dollar gave the US dollar index a blow, and the big cake rose by 6.47%, leading the currency market.
From the weekly perspective, Bitcoin recovered its lost ground last week, leaving a long lower shadow and closing with a positive line, and the overall trend was relatively strong. From the daily perspective, the highest point of 64,800 on April 30 was reached in the previous two days, and there was a 1,000-point retracement. Technically, the pressure of the 30-day moving average of 64,800 on the daily line is more obvious, and the double top of 64,800 on the 4-hour line is more obvious. Focus on the pass in the short term. In the short term, it will break through and stabilize 64,800-66,800, and there will be great hope for real take-off. The focus of the support below is 62,000. If this support is not broken, the overall bulls will still occupy a favorable position.
Ethereum: This time the rise is relatively weak, the weekly line closed below the moving average, the 7-day moving average turned downward and broke through the 14-day moving average, forming a dead and downward trend, and the overall trend is embarrassing. However, after several pins, the support chips of the long lower shadow line are concentrated around 3,000 points, and the funds for protecting the market are relatively strong. In the short term, 3,200 points above are still an important threshold before the rise.
Next, the popularity of GPT5 will continue to rise. The release of the last round of GPT4 has increased the average price of AI track coins by more than 3 times. This time is still worth looking forward to. WLD, ARKM, etc. have already taken the lead. Optimistic about several major tokens WLD AGIX FET OCEAN RNDR If you are optimistic, just ambush and wait. Don't be afraid to buy when it falls, and chase it desperately when it rises. You won't make money that way.
Many fans asked the market to rise. Should we go all-in or reduce positions at highs? I will analyze it from several aspects:
(1) Bitcoin closed the month line, with an amplitude of 19% and a drop of 15% in April. We have reason to believe that the market will continue to fall in May and the risk has not been eliminated! Because the market has inertia and emotions have inertia, it is recommended to buy the bottom in mid-to-late May.
(2) Recently, the altcoin has fallen too much, but if Bitcoin falls another 15% this month, the altcoin may continue to fall by more than 30%, so there is no need to rush to buy the bottom. At present, the currencies that are more resistant to declines are Rwa track ondo, staking sector SSV, sol ecosystem bome, and meme sector pepe.
(3) Yesterday, the total trading volume of Hong Kong ETF spot ETF exceeded $11 million, the Bitcoin ETF had about $8.5 million, and the Ethereum ETF had only about $2.5 million. When the US passed it, it was $4.6 billion. The net outflow of ETFs was more than 2,000 Bitcoins, which hit the market's bullish confidence. It was obviously intentional, just to let the world see that Hong Kong is not good, and the right to speak is in the hands of the Americans.
(4) The scale of US debt is 35 trillion, and the interest rate is so high. The interest in one year is the entire military expenditure in one year. The depreciation of the yen is the continuation of the US's harvesting method in Southeast Asia in 1998. Now the big beautiful has not been eaten up and needs to continue to harvest.
What good projects can we pay attention to next:
(1) ETH series:
I am particularly optimistic about PENDLE and SSV. They are both unlocked and have strong backgrounds.
(2) RWA sector
ONDO, MKR and TRU are all good. ONDO has a strong background, the MKR team is particularly powerful, and TRU has a good market value circulation, and A16Z is still supporting it behind the scenes.
(3) Solana Ecosystem
BOME, PEPE and WIF there are the stars among meme coins. Every time the market rebounds, they rise sharply.
(4) BTC Ecosystem
The story of RUNES is very attractive and worth paying more attention to. 🦶⑥q1un崴:1742540051Also, Layer2's Merlin has also issued a coin. STX and MERL have performed well recently, so you can keep an eye on them.
(6) AI
TAO is the leader, $PRIME is very strong in computing power, and $RNDR and AKT are also worth paying attention to. If you like adventure, you can take a look at RDAT. Although it is a data dog, it is also related to AI.
(7) Game field
I am particularly looking forward to RON, MC and IMX. The games on Ronin are very popular, and Pixels Online is also performing well. When choosing a game project, remember to look at two points: whether there are many players and whether it makes money.
(8) Cross-chain
Wormhole and LayerZero are both very popular, but I think AXL has the greatest opportunity.
