The Federal Reserve's interest rate decision is about to be announced, and this time it is likely to maintain interest rates unchanged. This news impact may have already been priced in by the market! There will not be significant fluctuations in the market in the short term!

May 7th Bitcoin Ethereum Cycle Analysis

          Hello everyone, I am Dashan. I focus solely on the trends of mainstream coins, providing daily cycle analysis. In the cryptocurrency world, when some are laughing, others will be crying; I hope everyone is among the former! To my fans and friends, I wish you all can achieve your goals in the crypto space!

                     If you haven't made money with this trend, don't blame me; it's practically been handed to you. Recently, the small levels have clearly provided everyone with key positions. Yesterday, it soared directly from horizontal support, and it was quite standard. After reaching previous highs on the hourly chart, it dropped back down. This position also reminded everyone to exit in time, and then patiently observe or take the opposite position, both are fine. I won't elaborate too much on the larger Bitcoin levels; it's still bullish. If you didn't participate in this surge, then at the four-hour level, I recommend looking at a range of fluctuations. The next time to participate will only be when it drops again.

        Now looking at Ethereum, there are still no significant changes. You can think of it as consolidating sideways here. Looking at the daily chart, it’s still small candlesticks. We still need to wait for some clear signals; I won’t say much more; you can check out the previous medium to long-term articles! 

    In the crypto space, it ultimately boils down to a competition between retail investors and the big players. If you don't have cutting-edge news or firsthand information, you can only be cut!
     The article is time-sensitive; the market changes in real-time, and specifics should be based on live trading. The above suggestions are for reference only!
                       Investment carries risks; enter the market with caution. #BTC #ETH $BTC $ETH