Did you guys sleep last night? I sure didn’t—the market slapped me right in the face. Bitcoin shot straight up to $92,000, and Ethereum confidently climbed back above $3,000. My social feed blew up instantly, with everyone posting screenshots of their gains like the bull market has come back from the dead.

A quick look at the news explained everything: a wave of big events hit all at once. Vanguard, one of the traditional financial giants, finally opened up Bitcoin ETF trading; the Fed confirmed it’s stopping quantitative tightening; and a certain former president started hinting on social media about replacing the head of the central bank... With this combo, it’s no wonder the market’s so pumped.

**But let’s stay calm—what should we watch out for with this rally?**

First, the good news itself—traditional finance giants opening the gates is definitely positive, as it means more pension and institutional funds now have a compliant way in. The Fed stopping the liquidity drain is a relief too, since liquidity is the lifeblood of all risk assets. Policy shifts are giving the market room to imagine a “looser” future.

The catch: these are **positive expectations**, not immediate realities. Real money flows in gradually—it doesn’t show up the day after the news breaks. More importantly, when everyone knows something is bullish, the price often already reflects it. Remember the old saying: “Buy the rumor, sell the news.” At these levels, the big players could easily use the hype to offload positions.

**The technicals are hinting at something too**

Take a look at Ethereum’s 2-hour chart. Yes, volume has picked up, but look closely at the upside: there’s a dense resistance zone from previous bagholders, round-number psychological barriers, and the moving averages aren’t fully repaired yet. That doesn’t mean it can’t go higher, but the risk of chasing here is clearly rising.

My advice? Hold what you’re already holding, but don’t go all-in just because you see green candles. When the market gives you an opportunity, it’s often laying traps at the same time. Rather than betting on a short-term explosion, wait for a pullback and stabilization before adding positions—after all, a true bull market never gives you just one chance to hop on.