#MarketPullback What is happening with crypto? – 📅 May 5, 2025
Well, things in the crypto world have been quite turbulent lately. This week we saw how Bitcoin $BTC fell below $94,000, Ethereum $ETH is below $1,800, and Solana $SOL dropped to less than $145.
People are somewhat uncertain... some are thinking of buying taking advantage of the dip 📉, others prefer to wait and see what happens ⏳.
🤔 Why are they dropping?
There are several reasons, but I'll tell you the most important ones:
💸 High rates: Central banks are raising rates in several countries, and that makes people hesitate with riskier investments like crypto.
🏦 Cautious big funds: When prices drop sharply, institutional funds become more cautious and prefer to watch from the sidelines for a while.
⚙️ Good technical news: Ethereum and Solana continue to improve their networks, but when the market is down, that often isn’t enough to lift spirits.
📊 And what is expected?
Despite everything, there are analysts who remain very confident about what’s coming:
📈 Bitcoin could reach $200,000 if significant money continues to flow in from major players.
🚀 Ethereum could touch $7,000, especially if the projects using it continue to grow.
🌞 Solana looks strong and some believe it could reach $750 if it maintains its pace.
Be careful, these are just estimates, no one has a crystal ball.
💭 So... should I buy or wait?
That depends on you. If you can handle the volatility and think long-term, this drop could be a golden opportunity 🪙.
But if seeing prices wobble makes you nervous, it might be better to wait a bit for everything to settle down 🧘.