According to a report from Cointelegraph on May 4, crypto analyst Michaël van de Poppe stated that "despite the recent strong rebound of Bitcoin, there is still enough room for a pullback to the support level. I would prefer to see Bitcoin stay above $91,500 to $92,000. For me, this will validate the continuation of the upward trend, as the previous range support has once again become effective support, which means there is potential to continue challenging the all-time high (ATH). Crypto Assets and alts tend to show a tendency for adjustment in the week leading up to the Federal Reserve meeting, speculating that this round of adjustment will end around Tuesday, after which a rebound will begin."