The big pancake has been sideways for 17 days, and May is fraught with danger! Be careful of the Federal Reserve's interest rate hikes and the main force's surprise attacks.
The big pancake has been stagnant for a full 17 days, which is not just a simple adjustment but brewing for a major move! Don't be fooled by the seemingly calm market; in reality, there are undercurrents surging, and it could unleash a storm at any moment!
From on-chain data, it seems that large funds are holding back, and there hasn't been a significant increase in exchange balances. However, if the big pancake really breaks through $95,700, the $100,000 threshold is just around the corner! But remember, any breakout without trading volume is a false breakout; blindly rushing in is like sending lambs to the slaughter!
May is definitely a month full of dangers! The Federal Reserve's interest rate meeting on the 8th is like a ticking time bomb; not raising rates would already be a stroke of luck, but if they do raise rates, the market could collapse directly! Be especially cautious during the May Day holiday, as the main force loves to launch surprise attacks when everyone lets down their guard.
Think back to the tragic situation on May 19, 2021, when many people woke up to find their accounts wiped out, losing everything! This is not alarmism! Your positions should never exceed half; you must set a stop-loss line, and once it’s breached, retreat immediately. Don't impulsively buy in with all your funds in early May; if you keep the green mountains, you'll never run out of firewood.
In a bull market, a crash is often harsher than in a bear market; it’s not about being timid but because we’ve seen too many people become rich overnight only to become poor again the next night. There are opportunities every day, but you only have your principal once; don’t wait until liquidation to regret not listening to advice!
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