📉The weekend saw a slight pullback, no need to panic! The real big direction will only become clear after May 7th!📅
BTC is still holding strong above 95,000, the structure hasn't broken, just waiting for signals. The next important date is May 7th, the Federal Reserve's interest rate decision, major markets are often brewed like this🔥
The market generally expects interest rates to remain unchanged, but I believe Powell is likely to unexpectedly release signals for a rate cut. After all, the President of the beautiful country has long announced a desire to cut rates, and both investors and businesses are under pressure, plus the election situation is tight for Trump, interest rate tools are bound to become one of the bargaining chips💣
Once the rates are truly cut, BTC shooting up to 100,000 would almost be a natural consequence, and it could even spark another wave of upward momentum in the entire crypto market!🎯
📌My views:
✔️The current decline is a technical adjustment, not a panic sell-off
✔️May 7th is a turning point, pay attention to the news
✔️If the policy leans towards easing, crypto assets may experience an explosion
