April 28, 2026

Today's market is quite interesting; the top two gainers are actually two coins that are about to be delisted, one is DAM, and the other is ZKJ. To be honest, I just started running a strategy for delisted coins, and I happened to encounter these two, which led to stop-losses. This also indicates that the current market funds are really active; even delisted coins are causing some movement.
From the perspective of the copycat market, there has been a slight slowdown recently, but overall it remains active. Bitcoin and other major assets are hovering at high levels with sideways fluctuations. I believe this trend will continue to wait for an opportunity to break out. However, the May Day holiday is coming soon, and it’s almost impossible to break through in the next few days. We should wait until the holiday ends to see the situation.
What is the current situation? The US stock market has already hit new highs, with Bitcoin’s peak at 120k, now below 80k. Previously, Bitcoin was highly correlated with the US stock market. As a risk asset, not to mention the crypto market, at least Bitcoin is trustworthy. The long-term upward logic of the US stock market is currency oversupply, and Bitcoin’s rise also shares this underlying logic.
Has anyone noticed? Gold and oil are also stuck in high-level sideways fluctuations. The rise of major assets is definitely accompanied by volatility, and this will be long-term. Looking at the long term, I really can’t guarantee that Bitcoin will become the asset with the largest gains, but I think it is more trustworthy compared to other assets.
Thanks for your attention and likes.