懂币猫|May 04, 2026 04:25
BTC ETH
Complain all you want, but Bitcoin is still something we just can’t let go of—kind of like a mother’s love for us.
Over the past two months, Bitcoin has been mostly long, but the returns are way lower compared to before.
Here’s a quick review of the reasons:
1. The price action hasn’t been smooth enough.
2. Not enough conviction in the short-term bottom—staying bullish is always going against the crowd.
3. The U.S. stock market has been performing way too well, which has distracted focus from Bitcoin.
Signal strength: Grade B—not particularly strong.
But the framework structure will also break out by today’s close.
This long position can still be held onto.
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