In the past two days of continuous surges, many have gained expectations about a bull market. Today, Old Cui directly provided everyone with the specific range that delineates between bulls and bears. Yesterday, I mentioned the individual recognition range for Bitcoin's bull and bear market, primarily still resting at the previous round of drop position of 98,000. If it can recover to the high of the previous bear market, expectations and liquidity will naturally return. The situation between Ethereum and Bitcoin is completely opposite; Ethereum's downward pressure is met with an exceptionally strong bullish counterattack. Every round of decline is accompanied by short-term recovery, such as setting a new low at 1,730, with the counterattack strength outperforming most altcoins, and on that day, it directly recovered to above 2,000. If I must provide a range, Old Cui believes that given the current market capital size, it is around 2,800, not the bear market starting point of 3,400. SOL is essentially a representative of all small altcoins, with a decline maintained in the range of 4-5 times, while small altcoins are the key to Bitcoin's counterattack. To maintain an upward trend in the short term, SOL must stabilize at the 90 level, while the counterattack of a bull market needs to reach the 130-160 range.

I would like to remind everyone that the current financial market, although no interest rate cuts have arrived, is still in an expansionary state. The U.S. stock market and other financial markets will not lack liquidity and capital support. Interest rate cuts can only be considered an embellishment compared to balance sheet expansion. Do not be overly pessimistic about mid-term rebounds; I am able to understand the current price level. The growth of storage and tech stocks along with cryptocurrency conceptual stocks can prove this point made by Old Cui. Lack of market liquidity primarily impacts the tech sector; as long as technology maintains a growth trend, it is highly likely that the cryptocurrency sector will follow suit. In this morning's news, the Federal Reserve's balance sheet has expanded to approximately 7 trillion USD, and it is likely to continue in this manner. The end of balance sheet expansion will herald the arrival of a bear market; the continuation of expansion will not lead to a complete bear market. From a technical perspective, Bitcoin's price has shown reverse growth for several days in a diverging manner, which has an air of bearish suspicion. Old Cui's previous estimate of 82,500-83,000 regarding increasing positions will still continue.

Old Cui summarized: In the short term, I do not expect changes in the bearish trend; the recent focus will be on observing the upward strength of small altcoins. Since entering May, shorting actions need to be a bit more cautious; the closer we get to the second half of the year, the more calm we need to be. From a long-term perspective, it is still the bulls who are in control. The planned shorting actions will only conclude this time, and later, Old Cui will continue to be bullish until reaching this year's new high. I also remind everyone that the most challenging moments for the bulls have already passed. If one has not considered switching coins or using contract forms to hedge, at this stage, for spot users, firmly holding onto the previously favored coins is the action they should continue with. For contract users, in the short term, try not to pay attention to my operations; many friends right now may not understand it. Just focus on the points mentioned in the opening paragraph for your operations. For users without spot holdings, control short position profits within 500-1,000 points in the short term.

Original creation by public account: Old Cui Talks About Coins. For assistance, feel free to contact directly.

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