The battle of #加密市场反弹 is about to begin
Prague upgrade is a big trap
BTC will hit a new low, ETH will be in three digits
Let me give you a bold prediction: BTC will hit a new low, ETH will break three digits, and it will happen in May. This is a historical-level waterfall. All the current surges are conspiracies, preparing for this significant drop. Don't be blinded by the current rise; everything is an illusion. If you don't believe it, you can wait and see. Why will there be a big waterfall?
Firstly, this surge is too strange. There are no favorable conditions, and it has not retraced in between; it has almost gone up in one breath. This does not conform to the logic of a bull market. A real bull market rises slowly, gradually pulling up, not continuously pushing up. The faster it rises, the harder it will fall!
Secondly, the Federal Reserve hasn't cut interest rates yet they started to push the market up. Without large amounts of capital entering at this time, why push the market up? In the past, when there were significant favorable conditions, it would rise today and fall back tomorrow. Now, with the Federal Reserve not cutting interest rates, no positive news, and such poor liquidity, instead, there’s a sudden surge, which is clearly a bait!