#MarketPullback What is happening with crypto? – 📅 May 5, 2025
Well, things in the crypto world have been a bit turbulent lately. This week we saw how Bitcoin $BTC dropped from $94,000, Ethereum $ETH is below $1,800, and Solana $SOL fell to less than $145.
People are somewhat in doubt... some are thinking of buying while taking advantage of the drop 📉, others prefer to wait and see what happens ⏳.
🤔 Why are they going down?
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 hold back from more risky investments like crypto.
🏦 Cautious large 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.
📊 What is expected?
Despite everything, there are analysts who remain very confident about what’s coming:
📈 Bitcoin could reach $200,000 if more money from large players continues to flow in.
🚀 Ethereum could hit $7,000, especially if the projects that use it keep growing.
🌞 Solana looks strong, and some believe it could reach $750 if it maintains the 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 🧘.