Major events in the crypto world in May are concentrated in these two days. Today is May 7th, an important moment for the Ethereum Prague upgrade; at 2 AM on May 8th, the Federal Reserve will hold its May interest rate meeting.
How will these two major events affect the market trends moving forward?
First, let's look at the Ethereum Prague upgrade. This upgrade is a significant one for Ethereum!
If you want to make money, you must watch: Ethereum's "Prague Upgrade" spoilers - should you sell your ETH or go all in?
Ethereum, with its steady and methodical approach, continuously breakthroughs and upgrades according to its development roadmap. Each upgrade is a step up, widening the dimensional gap with other public chains.
It's like a factory; every technological iteration, after updating the machines, brings more efficient production capacity and more competitive products at lower costs.
Such benefits are long-term, lasting, and delayed.
They are not like a fleeting tabloid news story that rises quickly but gets crushed even faster afterward.
This is the objective reality of the fundamentals of the Prague upgrade, and the layouts of large funds after the upgrade have already been clearly reflected in the market.
On April 18th, when Ethereum was at $1500, the potential dragon strategy was used to analyze that the reversal trend of Ethereum had already formed.
Is Ethereum dead?! When will ETH rise? Will there be a significant drop again?
Next, at 2 AM on May 8th, the Federal Reserve's interest rate meeting is expected to maintain the current rate with a probability of 96.9%, and the probability of a 25 basis point rate cut is 3.1%.
Many events in this world do not happen by coincidence; everything has causality, and there are clues that can be sought in advance. When connected, they ultimately form explosive events.
These leaders possess an extraordinary ability to make everything seem incredibly natural, causing most ordinary people to believe they lost their wealth and assets in the coincidental "financial crisis, pandemic, disaster," while they unknowingly complete the harvest.
