Three Turning Points in May:
The first is the cryptocurrency legislation draft on the 6th of this month.
This bill is the first official proposal to date and will impact the development direction of the entire market.
On the 7th of this month, Ethereum upgrade.
This upgrade can be seen as the biggest positive for the fundamentals of individual coins this year; whether Ethereum can rebound depends on this sentiment.
On the 8th of this month, the Federal Reserve meeting:
The main discussion is about interest rate cut sentiment. May will basically remain unchanged with no rate cut, but June is already over 50%. However, Trump’s uncertainty is quite significant; although Trump has been calling for rate cuts, his influence on the economy and tariff issues continues to affect the market. Whether there will be any changes is uncertain. The sentiment around rate cut speculation in May depends on this meeting!
