Market on May 2: BTC rebounded to around $78k, approaching the previous high of $79k. Due to the easing of US-Iran tensions and the linkage with US stocks, market sentiment has slightly recovered, but the fear index remains at a low of 39 (indicating fear).



Structurally, this round of rally is mainly driven by futures leverage, with weak spot buying, representing a "false fire" market. The pressure on the $79k-$80k region above is quite heavy, making short-term effective breakthroughs difficult. It is recommended to reduce positions on rallies, strictly control leverage, and avoid blindly chasing gains.
BTC1.5%
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