$BTC $ETH $SOL Recently, the financial sector has been turbulent, and the change of leadership at the Federal Reserve has triggered market fluctuations. Waller has taken over from Powell to lead the Federal Reserve, and the interest rate meeting on May 7 has become the focus, as whether to cut rates will directly impact global market trends. At the same time, two major players in the cryptocurrency space are taking frequent actions: Justin Sun has transferred $200 million in Bitcoin to Binance, seemingly preparing to cash out; while the whale Spoofy has reduced its position by 10%, signaling profit-taking. These signs indicate that the cryptocurrency market may be facing a turning point.
The upcoming Ethereum upgrade has garnered attention on whether it can break the $2000 mark. Technical analysis shows that it is building momentum, but the direction of Federal Reserve policy and the movements of whales remain key variables. It is particularly noteworthy to mention Trump's hero dog Conan, which has gained market attention due to its unique background as the certified "Golden Dog" project by the White House, and its market value is still at a low level, making it worthy of investors' attention.
The current market is in a sensitive period, with Federal Reserve policy, technical upgrades, and the movement of major funds creating a complex game of strategies. It is advisable for investors to remain vigilant and pay close attention to the Federal Reserve's decision on May 7 and the progress of the Ethereum upgrade while managing risks. In this moment filled with uncertainties, it is essential to seize opportunities while guarding against sudden market fluctuations.
