5.8 Market Analysis:
#以太 continues to rise, breaking through new highs again, currently around 1855, just waiting to see if it can hold. Once it breaks 1870, Ethereum is expected to reach the 1900 level.
Last night’s Federal Reserve meeting: 【May will maintain interest rates, and it is highly likely that there will be no rate cuts in June】 There are also two major news items recently: 1. The Texas Bitcoin Reserve Bill has passed, 2. Trump will announce a trade agreement with the UK.
These positive news will influence the market's direction. The market has currently broken through resistance levels and is still rising. It is not recommended to chase the rise at this moment; wait for a pullback to find a position to enter.
A will keep a close eye on the market, and will notify internally when there is a position to enter.
