#加密市场回调 Family members, listen up! At 2 a.m. on May 8th, the Federal Reserve's interest rate decision is absolutely the top priority in the cryptocurrency world! In my opinion, there are only two possible outcomes:

First scenario, if the Federal Reserve does not cut interest rates in May, many people in the market have actually prepared for this. If they really do not cut rates, Bitcoin is likely to experience a correction, and the cryptocurrencies we hold may shrink in value.

Second scenario, if the Federal Reserve directly cuts interest rates in May, then Bitcoin will take off like a rocket! Just thinking about that scene is exhilarating.

Right now, institutions in the market are acting crazy, frantically buying Bitcoin. I'm telling you, once the price of Bitcoin breaks the $100,000 mark, that $3 billion in "southbound funds" (money flowing out of our country to trade cryptocurrencies) will probably be instantly absorbed by the market. To those speculators, that $3 billion is like a big, juicy piece of meat; they are practically drooling over it.

The recent market performance has been particularly obvious. Bitcoin can set a new high every day, but within a few days, that high point becomes a low point. The K-line appears to be slowly trending upward, but those shorting Bitcoin (the ones betting against Bitcoin to make a profit) are suffering, getting trapped deeper and deeper, unable to escape. I'm thinking, those speculators definitely won't easily crash the market and let the shorts out; they are just hoping that the shorts get more entrenched so they can profit immensely!