I've been mulling over whether to short $LAB . Here are the main reasons for this thought: 1. Yesterday, they really squeezed the shorters. 2. Open interest is at a low. 3. Most accounts of top traders are shorting.
What’s holding me back: 1. We haven’t broken the support zone yet. 2. Recent stories of previous coins where positions were liquidated both ways.
But that little devil on my shoulder is whispering: go for it)))
In recent days, it feels like the market is gradually waking up after a long period of fear and distrust. After a local peak, Bitcoin saw a sharp increase in deposits flowing into Binance. It looks very much like retail is coming back — those same small investors who usually jump in when the market starts believing in a rally again. What's more intriguing is the current landscape: retail is actively building positions, while the big players are acting much more cautiously. Even social sentiments are starting to shift. Positive comments are now about one and a half times more than negative ones. This is crucial, as the crypto market thrives on emotions. But even more interesting is this. While retail is returning to exchanges, big money continues to flow in through ETFs. Spot Bitcoin ETFs have now closed with net inflows for the sixth consecutive week. During the period from May 4 to 8, over $620 million poured into funds, bringing total assets to over $106 billion. It really seems like we've hit a moment where risk appetite is starting to return. The only question is whether this is the beginning of a new major movement… or just another stage of overheating before a painful correction. Fingers crossed for the former)))
I think crypto cycles are starting to break down. The lack of a classic alt season in the last cycle really highlights this. Sure, some tokens are doing x10–x30, and that can be called a form of an alt season. But it's not like previous cycles where the whole market pumped indiscriminately. A lot of alts never returned to their all-time highs, and the big money has been concentrated around $BTC , ETFs, and a few major coins.
Against this backdrop, the thoughts of Bitwise CEO Hunter Horsley are intriguing. He believes that the classic 4-year cycles tied to Bitcoin halving are effectively coming to an end. We’re entering the “institutional era.”
And there’s logic to that. The market was previously dominated by retail and emotional trading. Now, ETFs, large funds, corporations, and state capital are stepping in. And big money doesn’t always move according to old crypto patterns.
The market might become less volatile but significantly more complex. Old strategies like “buy any alt and wait for alt season” don’t seem as reliable anymore. There’s a sense that the coming years will be less about a general pump of the entire market and more about very selective growth.
So we’ve got the first wave of bad news hitting us. And honestly, it looks more significant than it might seem at first glance.
Michael Saylor stated that Strategy "might" sell off some Bitcoin to pay dividends. The very fact that he’s saying this feels unusual: the whole ethos of Strategy has been built on the idea that Bitcoin is never sold. And now, suddenly — a theoretical possibility of a sell-off.
The market didn’t really react to this news. Maybe investors see it as a financial maneuver or an attempt to show creditors that the company can handle its debts. But if Strategy actually starts unloading $BTC — it could put serious pressure on the price. It’s not just about the selling volume, but also the market psychology. If the largest corporate "hodler" starts to cash out, it could heavily sway investor sentiment.
Plus, let’s remember: Strategy is currently operating in a very aggressive financial setup — debts, new paper issuances, high yield rates over 11% annually. We’re already at a risk level here. Everything could come crashing down like a house of cards.
Maybe this is just noise before a big pump. Or maybe — the first signal that this cycle is going to be way more complicated than it seems right now.
Yesterday I was going through my previous posts and, honestly, a little worm started gnawing at me inside: is this the start of a pump or just a classic trap? Too many things are 'lining up' in one direction.
Right now, the information flow is super bullish. Public figures are actively talking about Bitcoin — both Eric Trump and Adam Back. Let’s add in some metrics. The Bitcoin-to-gold ratio has bounced off historical lows — previously, such moments often preceded strong rallies. Plus, TMMP — the average entry price of major capital — is now literally right next to the market.
On one hand, everything looks very 'right.' Even too right. However, the market loves to hurt the majority. When everyone sees the same signals, it often goes the opposite way. That's classic.
But there’s another side. Companies bought 50 351 $BTC in the first quarter of this year — that’s a record in history. And this is no longer just talk, tweets, or expectations. This is real money entering the market.
On one hand — hype, signals, 'everything is too obvious'; on the other — big players are actually accumulating.
And if this is the start of a move — then this is usually how it looks: a bit scary, a bit unclear, and with a feeling that 'it’s still too early to enter.'
We're in a fascinating moment right now: the price action of Bitcoin is at a crucial juncture. $BTC is hovering near a significant zone — around $78,000. And this isn't just a 'round number'; it's a level that aligns with the so-called True Market Mean Price (TMMP).
What does this mean in layman's terms? TMMP is the average price at which the majority of investors bought BTC: the actual 'cost basis' of the market. This is where it becomes clear: is the majority in the green or not? Historically, this line acts as a boundary between market phases. When the price confidently holds above it — that's a signal of strength, marking the beginning of a bullish trend. Conversely, if it can't break through or hold, a deep correction often follows.
So, the current moment is very telling. If BTC can secure itself above this zone, it will indicate that the main capital is 'in the green' again, which psychologically frees up investors' hands and paves the way for new growth. If not — well, you get the picture))).
So the question of 'are we already in a bullish phase?' is being resolved right before our eyes. And the answer will come from this zone — not from news, not from emotions, but from price action relative to the actual average market value.
The Bitcoin to gold ratio is giving an interesting signal right now — a metric that many underestimate. Back in February 2026, 1 BTC was only worth 12.69 ounces of gold — the lowest in over 10 years. Since then, the ratio has bounced back by about 30% — to 16.48 ounces. Historically, similar rebounds have occurred 8 times since 2014, and in all cases, Bitcoin has rallied in the following 12–24 months.
The stats from past cycles are as follows: • worst-case scenario — around +20% in a year; • median — +102% in 12 months; • over 24 months — about +317%.
However, this cycle has a crucial characteristic — geopolitical uncertainty. Wars, trade conflicts, recession risks, and global instability are pushing capital towards gold instead of risk assets.
Another factor is Trump. His influence on global politics, potential new trade disputes, and abrupt economic decisions add to the market's jitters.
Therefore, $BTC might move slower than in previous cycles.
Maybe what we're seeing now isn't the weakness of $BTC , but just a pause before the next strong move. And Eric Trump's thoughts on $1,000,000 per token, while an exaggeration, reflect a trend.
In crypto, it often seems like everyone is making bank: timelines are flooded with stories of easy x's and quick cash. But take a look at a study conducted by experts from the London Business School and Yale University, who analyzed the performance of Polymarket from 2023 to 2025. The conclusion is quite telling.
They studied 1.7 million accounts and transactions totaling $13.76 billion. Only 3.14% of users turned out to be 'skilled winners,' who, along with market makers, snatch up over 30% of total profits. Meanwhile, 67% of participants are left in the red.
In crypto, the situation is similar: the bulk of the profits usually goes to the minority — the big players, funds, seasoned traders, and those who get in ahead of the game.
Most join in on the hype — when an asset has already skyrocketed and everyone is talking about it. In those moments, newbies often buy high, while experienced players are selling.
Another important parallel is random success. In a rising market, many think they have talent because profits are rolling in for almost everyone. But when the cycle turns, the difference between strategy and mere luck becomes apparent.
The main takeaway is simple: the market rewards not emotions, but knowledge, discipline, and patience.
According to recent research, the global adoption level of Bitcoin is currently estimated at around 3%, and analysts are comparing this phase to the development of the internet in the mid-90s — just before it went mainstream. It really makes you think.
Historically, many revolutionary technologies have followed a similar path: first skepticism, then gradual growth, and after reaching a critical threshold — a sharp breakout. For the internet, mobile communication, and social media, once penetration hit 5-10%, the shift to the mass market began. Bitcoin could follow a similar scenario.
There’s another important point: a significant portion of Bitcoin is currently held by major players — the "whales." These are funds, exchanges, ETFs, and companies like Strategy, which own hundreds of thousands of $BTC . When big companies invest billions, they confirm the asset's seriousness and attract the attention of banks, governments, and large investors. This is often how mass adoption starts.
Over time, coins get distributed among new investors and the market. But at a "new" price. So, the price at $1,000,000 (which was mentioned last week) might not be far-fetched. But certainly not anytime soon.
Why is everyone so fixated on this $1,000,000 for $BTC ? Like it's some magical number that opens up a whole new financial universe.
First, Eric Trump starts hyping up the 'inevitable million', and now Adam Back is even betting that Bitcoin will hit this mark by the halving in 2028. And it's not just talk — people are actually willing to put their stakes on this.
But let's be real: why specifically $1,000,000? Why not $700K or $1.3M? Because it sounds nice? Because it's a round number that's easy to sell to the masses?
Sure, institutions are entering. Yes, the market is evolving. But when the focus shifts from real factors to 'pretty numbers' — that's more about emotions than analytics.
Another interesting point: when there are too many confident predictions, it's often not a signal for the start of a bull run but rather an overheating of expectations.
Maybe Bitcoin will someday be worth $1,000,000. But the market isn't obliged to move according to anyone's bets or loud declarations.
So instead of fixating on one number, it's better to watch market dynamics. Because price doesn't know what 'pretty millions' are. It just moves where there is demand and liquidity.
$15 billion vanished from DeFi almost instantaneously — and this isn't just a number, it's a wake-up call for the entire market. Following attacks on the Drift and Kelp protocols, users began to withdraw their funds en masse, showcasing how fragile trust can be in the crypto space.
According to Jefferies analyst Andrew Moss, the consequences could be more serious than they appear at first glance: major players from Wall Street might reconsider their plans regarding blockchain technology.
Over the past year, companies like BlackRock, Franklin Templeton, and Apollo Global Management have been rolling out products based on technologies similar to those targeted by the Lazarus hacking group.
However, Moss notes that traditional financial markets are unlikely to feel a direct impact; the mere fact of such attacks could cause institutional investors to hit the brakes. They'll become more cautious, take longer to analyze risks, and are likely to delay new launches.
This situation underscores a simple truth: in the world of finance, trust is built over years, but lost in mere minutes. And without reliable security, even the most promising technologies can lose their backing.
$BTC at $1,000,000? Eric Trump is back with his wild fantasies)) The uncle is riding the wave of optimism again: according to him, the biggest corporations and wealthiest families are literally lining up to jump into crypto. And indeed, institutions are gradually entering the market.
However..... I've noticed a pattern: when Eric Trump starts talking about Bitcoin's rise, the market often reacts in the opposite direction a day or two later. Not always. But often enough to make you think.
When public figures shout, "It's only going up," sometimes that's exactly when you need to be more cautious.
Don't fall for the hype. Watch what the price does.
It seems that yesterday's information about the CLARITY Act bill was indeed a leak: Senator Tom Tillis, a key participant in the negotiations in the Senate Banking Committee regarding the adoption of a broader bill, told reporters that he does not expect hearings on amendments and voting on the bill in April.
But there is also good news (I would rather say interesting): yesterday, Strategy acquired another 34 164 $BTC for approximately ~$2.54 billion at a price of ~$74,395. Moreover, ETFs are once again receiving inflows. Bitcoin is being held and bought even amid uncertainty.
Should we expect market growth today? The background is mixed, but an interesting positive is emerging: there are expectations that Donald Trump will sign the CLARITY Act today — a law that could provide clear rules for the crypto market. This is exactly what big players have been waiting for.
However, there is one point that few people talk about: such "insider" information usually does not appear in the public domain in advance. The market learns about it post-factum. Therefore, there is a risk that this is just a pump — a story that short sellers can profit from by creating liquidity and luring in longs.
If this is indeed true, then the first to react will be $BTC and $ETH . And then they might drag altcoins along with them.
RaveDAO: –95% in a day. And again the same feeling — as if this has already happened… Token $RAVE rapidly soared to nearly $28 — and just as quickly fell to ~$1.6. For some, it's a "successful trade," while for others — a loss of deposit and a bitter aftertaste.
What really happened? Crypto detective ZachXBT noticed a very alarming detail: up to 90% of the tokens could be controlled by associated wallets (the project team's wallets). And when these volumes started flooding the exchanges — the market simply couldn't withstand it.
The team says: "it's rumors." But you know… charts don’t lie. And this looks too familiar. Similar behavior is now slipping through in other tokens: $SIREN , MYX, $COAI , M, PIPPIN, RIVER…
What always surprises me in such stories is how quickly investors are ready to believe in a "new top project" when we see a green chart. Without a product. Without fundamentals. Just hype and FOMO. And the most dangerous thing — this is not an isolated case.
Don't forget: the market does not forgive naivety.
Don't make my mistake. And the mistake isn't that I entered $RAVE , but in how I did it. First of all, I was already tired at the end of the day. And that was the first and main mistake that led to all the others: - I left a position overnight in a very volatile and manipulative coin, - I left a position without a take-profit and without a stop-loss.
Unpleasant, but not fatal. But what doesn't kill us makes us stronger. Our life is a constant learning experience. The main thing is to draw conclusions and not step on the same rake.
Have you noticed that the market is starting to rethink the nature of bitcoin? While most were waiting for the classic 'risk-off' scenario — a decline in risky assets against the backdrop of war — the opposite has happened. Since the start of the conflict in the Middle East, bitcoin has risen approximately by 12%, while the S&P 500 has fallen, and gold has lost about 10%
And this is not an anomaly. Bitwise investors are directly stating: in a world where the financial system becomes an instrument of politics, demand is shifting towards 'neutral' assets. And bitcoin is starting to play this very role: - Not just 'digital gold' - Not just a speculative asset - But an alternative financial infrastructure
When countries are in conflict — trust in traditional channels declines. There is a demand for an asset that: 👉 is not controlled by any government 👉 is not dependent on banks 👉 works globally
$BTC breaks the old narrative: 'Bitcoin = high risk asset'. Perhaps, we are already in a new phase: bitcoin = hedge against geopolitical instability.
I don't know if this is already the new norm. The market may change its mind again. But it looks like bitcoin is gradually transitioning from the category of 'speculation' into something more fundamental. And you know what - I like it!
$RAVE - this is just a brain drain. The short sellers have been shaved. Now they are shaving the long sellers. The question remains open: will the growth continue, or are we going down already? I personally don't want to get into this meat grinder yet. Although FOMO is telling me: "What are you waiting for? Others are becoming millionaires on this coin" ))))
And again today $RAVE under scrutiny. It seems that the coin is ready to reverse: volumes are falling, rsi is stabilizing, the funding rate is negative -0.4 at the time of writing. However, I am still waiting for a breakout upwards to liquidate the shorts. And only after that can we go down.
$RAVE as I said yesterday, I went up again. Today, the funding rate has already become negative, although not very large. Moreover, if you look at the order book, a quite strong resistance zone has formed at the level of $2.1-$2.2. And for shorts, the "road" is open - the order book is practically empty. Everything is very sweet, it practically invites you to go short. However, I am still waiting for a sharp pump to liquidate the shorts, there are too many of them - almost 78%. This is my personal opinion, which may be wrong.