5.3 Evening Bitcoin Auntie’s Strategy | Slow Pull Isn’t a Bull Market, The More Exciting It Gets, The More Calm You Should Be


First, I wish my brothers a happy May Day. Things have been quite busy these past two days, so the update is a bit late. This May Day coincides with the weekend, and the Dog Coin’s tactics are indeed quite exhausting. The market isn’t crashing or surging; it’s just gradually pushing upward, specifically testing the patience of bears, making people feel uncomfortable and hesitant to act.
Let me start with my core view: this wave of rally is fundamentally driven by Bitcoin alone strengthening, while Auntie and most altcoins haven’t moved in sync. A true bull market must be a broad rally, not just sustained by one coin supporting the scene.

So, in my opinion, the bear market structure hasn’t changed; this looks more like a rebound rather than a reversal. Plus, during May Day, overall liquidity is relatively low, and market trading volume has significantly shrunk, to the point of being eerily quiet. Many people are calling for 8W, 8.2W, 8.5W, but if there really were strong bullish forces, the market would have already surged directly. Why bother with such slow grinding? This slow pace, frankly, is just creating a bullish atmosphere to attract chasing funds. When retail traders’ sentiment rises, the scythe might then turn toward the bulls.

From a technical perspective:
On the 4-hour and daily charts, signs of divergence are already appearing, and in terms of volume, both daily and weekly charts show decreasing volume during the rally. A rebound without volume support is often limited in sustainability. Rising isn’t scary; shrinking volume during a rally is what warrants caution. When the avalanche comes, no snowflake is innocent. The market has now entered a phase of choosing direction; it all depends on how the main players will act next.

My stance remains unchanged: respect the trend, stay alert, and prioritize shorting on rebounds.
Evening reference ideas:
Bitcoin: Consider shorting around 79,000 - 80,000, target 76,000, if broken, look at 72,000, long-term down to 66,000.
Ethereum: Consider shorting around 2,330 - 2,370, target 2,260, if broken, look at 2,200, long-term down to 2,000.
The more lively the market, the more you need to stay calm. When others are greedy, remember to prioritize risk management first.
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