Today is the 318th day of my dynamic posting, and I haven’t missed a single day. Each post is not done half-heartedly, but prepared with care. If you think I am a serious person, you can follow me, and I hope the content every day can help you. The world is big, and I am small, so please follow me to avoid difficulty in finding.

The US stock market has broken through, and now the Nasdaq futures have surpassed the previous high, creating a significant V-shaped rebound. Not only has it recovered from the negative impact of GDP contraction, but it has also risen to even higher levels, which is not as bleak as many expected. The correlation between the US stock market and the crypto market is substantial; since the US stocks have broken through, Bitcoin also has the opportunity to rise significantly. With the Prague event approaching, ETH is also strengthening, hoping it can reach around 2100. However, the US stock market has not yet opened; this is a futures breakthrough, and the larger trading volume will come after the US stock market opens tonight. This is also why hot money in the crypto space is still on the sidelines and hasn't rushed into Bitcoin. Everyone is waiting for the US market to open, hoping it can rise normally, solidifying this breakthrough, which would lead to a new large bullish candle.
The short-term resistance level for Bitcoin is $96,000, with support at $92,000. If the resistance level is broken, it may test the psychological threshold of $100,000; if it falls below support, it could retrace to below $90,000. With weak economic data from the U.S., the market expects the Federal Reserve may lower interest rates in June; if this policy is implemented, it could boost liquidity in the crypto market. Medium to long-term investors should observe ETF capital flows and the Federal Reserve's policy direction, waiting for trend confirmation.
Overall, Bitcoin still has upward potential, but it needs to break through key resistance levels in the short term to confirm a new round of gains.
Hey guys, I've been in Ningbo these days, make sure to do a good job on sun protection. The next stop will be Hangzhou. While you are on vacation, I'm talking to clients, collecting money, collecting money!