Now the major direction bets on the Ethereum upgrade, betting on interest rate cuts in June. Currently, major bloggers across the network are unanimously bearish, and this consistency is a problem. The current core focus:
Meme coins sector rebound.
Led by $TRUMP, driving up $PENGU, $BONK, $TURBO, $PNUT, and others in tandem.
The rebound in the AI sector represents coins like $AI16Z, $AIXBT, etc., which have seen a significant rebound, with weekly gains nearly covering the declines since March. Hot projects on the Solana chain are active, such as $HOUSE (real estate hedge project) with FDV surging to over 55M; the new platform $LESTBONK's FDV fell from 30M to 10M, requiring caution regarding short-term FOMO risks. The growth of stablecoins is significant, with USDT and USDC market caps continuing to rise, reaching 14.7 billion and 62 billion USD respectively, indicating that funds are continuously flowing into the market. CEX market operation dynamics, such as the $ALPACA project, leverage contract negative fee rates to pump spot prices, pushing for a short squeeze, showing that capital games within exchanges remain fierce. Outlook on macro events.
The PCE inflation data to be released next Wednesday is crucial. The market generally expects the PCE annual rate to plummet from the previous value of 0.3% to 2.2%, and the core PCE will also drop by 0.2% to 2.6%. If the data meets expectations, it means the U.S. inflation problem has achieved a phased victory, significantly increasing the probability of the Federal Reserve cutting interest rates.
It is particularly worth noting that the Federal Reserve's first interest rate cut is usually an important signal for the full launch of a bull market. Although part of the reason behind this round of inflation decline is due to tariff recession, the result is favorable for the market and should be seen as a blessing in disguise.
Finally, we must talk about two heart-wrenching truths in the crypto world!
Recently, it was said in the circle, 'don't just hold spot', 'this wave of altcoins in the bull market will at most rise 2-3 times', and it was directly criticized! But the truth is:
The bull market dividends are diminishing. Bitcoin's rise from 2017 to now has seen each round of gains narrowing; altcoins are even more apparent, with the myth of hundredfold returns becoming a thing of the past. It is rare to see tenfold gains; most consider a 2-3 times increase as good. Newcomers should stop fantasizing about getting rich overnight; a bull market is not about making money with closed eyes, but rather, it is easier to catch a high position! Those calling for an 'eternal bull market' at the peak of the bull market ultimately became the leeks!
Recognize reality, operate rationally, and don't wait until you're severely damaged to awaken!
