In May, there are still many important meetings and data releases in the U.S., including the FOMC meeting on May 7 (Eastern Time), the SEC's crypto roundtable on May 12, the CPI data on May 13, and the retail sales data on May 15... etc. Therefore, in the next 1-2 weeks, we may continue to face short-term volatility in the market.
From a longer-term perspective, such as the weekly level, unless something new and unforeseen occurs, we may indeed see 45775350225 break through its historical high in the second quarter of this year.
The current process of repeated fluctuations in the market is meant to gradually dissipate investors' strong bearish expectations. Once these bearish expectations gradually crumble, the market will genuinely welcome a decent upward trend, such as 40455009922 possibly reaching 1950 or even 2100, and altcoins may also see a wave of broad increases.
Stop questioning whether the bull market is over; have you ever seen a bear market where Bitcoin is over 90,000? 30123273327
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