#BTC has been in a Sideways trend for over ten days, with little Fluctuation each day. It seems quiet but is actually quietly building strength. Recent on-chain data shows that large funds have not moved much, and the coins on the exchange have not suddenly increased. The long and short positions are still at a standstill. This is the time when it is easiest to see a direction, but also the time when hidden risks are most likely to occur.

The key is to watch the position at 95700. If it can break through with significant volume and the trading volume obviously increases, then 100,000 dollars is indeed within reach. However, if the volume does not follow during the rise, it is likely a false breakout, and the main force may push the price up to sell off. At this point, entering the market can easily lead to being trapped at the peak.

Be cautious about the Federal Reserve's interest rate decision on May 8th. Although the market currently expects no rate hike, if there is an unexpected increase, the coin market will definitely be hit hard. Secondly, during the May Day holiday, historically, the main force often takes advantage of low liquidity during holidays to launch surprise attacks, suddenly pushing up or crashing prices. Even during the holiday, one must stay alert.

Don't be too aggressive right now, set a stop loss for each order, and run if it starts to decline without hesitation. Don't think about going all in in early May; preserving your capital is more important than anything else. The market is not lacking in opportunities, but what is lacking is the capital to wait for those opportunities.