May
Everyone is waiting for a few important pieces of news, such as the possible interest rate cut on May 7 and the upgrade of the second cryptocurrency in Prague. These could affect the short-term market direction. Currently, the market is not too strong, especially since the second cryptocurrency and small altcoins have not risen much, leading to a release of FOMO sentiment, and the market is oscillating repeatedly.
If the first cryptocurrency can break through 100,000, it will bring a strong psychological impact, and many people who sold at the bottom will be forced to enter the market to resolve their positions. The market could become very volatile, and we might see a repeat of the dramatic rise like the one in December last year. Although the second cryptocurrency is currently weak, historical data suggests that it is likely to 📈 go up to #加密市场回调 #区块链 #币圈 $BTC $ETH .