During the rising market on April 22, BTC triggered a short selling of nearly US$300 million, becoming the largest short selling incident in a single day since this bull market. However, judging from the price trend, BTC only rose from $87,000 to $94,000. The overall increase is actually not amazing, reflecting that the bearish atmosphere in the market is still strong, and most people still tend to be bearish.
At present, if BTC does not choose to callback but continues to rise directly, it will be very difficult to break through the $100,000 mark in the short term. This round of rise lacks obvious capital promotion and there is no strong positive news to cooperate, so the possibility of market sustainability is low.
The ideal trend is that BTC will actively adjust its solid in the next one to two weeks, pull back to around 85,000, and complete a full chip turnover to accumulate strength for subsequent bulls. If the trend is healthy, it is expected to usher in a new wave of small climaxes in June and hit the key goal of $110,000.
BTC can break through the 120,000 mark at any time! In the May market, you must buy these four major 100 times mainstream coins!
Sui
Sui Eco has recently recovered its popularity, with TVL rising 40% to US$1.7 billion in a week, and the trading volume of most DEXs has increased significantly. The Sui Dubai Conference is about to be held, and ecological projects (such as WAL, DEEP, BLUE, TURBOS) will benefit significantly.
The positive news before and after the conference is released intensively. In the short term, we need to pay attention to the sustainability of TVL and subsequent user growth performance. Sui may usher in a wave of recovery.
BERA
BERA's current on-chain performance, the valuation of the project seems to be severely undervalued, especially compared to similar projects launched at higher valuations in the past. It is worth noting that BERA has raised more than US$140 million, and there will still be vested token releases in the future, which may bring about a certain dilution effect.
However, its attribution schedule is relatively reasonable, and the main unlocking will be gradually carried out after February 2026, which provides a certain buffer period for the market. If you miss SUI, you can check out BERA.
TRUMP
Trump holds a dinner for TRUMP holders. TRUMP token holders attending the dinner must rank among the top 220 TRUMP holders from April 23 to May 12, so I think TRUMP is relatively safe before May 12 and should not fall sharply.
After May 12, we must clear the position because the ranking statistics have been completed. Many people buy TRUMP to attend Trump’s dinner. If the list statistics are completed, someone will definitely sell it. Pay attention to the time node on May 12, which may be the long-short watershed for TRUMP.
SOL
Solana is known for its high speed, low transaction fees and scalability, which attracts a growing number of developers and projects. Recent news pointed out that the RockawayX fund injected $125 million into the Solana ecosystem, which will help the further development of the ecosystem. MagicBlock also raised $7.5 million to build faster applications on the Solana blockchain.
Solana's continued growth in the DeFi and NFT fields has attracted a lot of attention. There are ETFs that have asset management companies such as Franklin Templeton that apply to track Solana's spot prices, indicating that institutions' interest in Solana has increased. CME Group has also launched Solana futures products, which is seen as an important step in obtaining SEC approval for Solana spot ETFs. The bull market SOL target is 1,000 US dollars, which is 6 times the current price. If you want to make a steady profit, buy sol!
