The reason for the rise in the afternoon was that both China and the United States officially issued a joint statement on the negotiations, which concluded that the tariffs between China and the United States would be 10% on each other within 90 days, which is basically the same as the US-UK agreement. This number is definitely beyond the market's expectations. This is why Bitcoin rushed to 106,000 in the afternoon and Ethereum directly broke through 2,600. However, the market soon stalled after the news came out. The reason is that the 10% between China and the United States can only be regarded as a ceasefire agreement. It should be that the pressure on both sides of the trade war is quite large. If no agreement is reached after 90 days, the tariffs will increase by another 24%.
This round of negotiations is short-term or tentative, and is a little worse than the long-term agreement between the UK and the US. Moreover, compared with the UK-US agreement, the UK has reduced its tariffs on the US to 1.8%, which is still an unequal relationship compared to the 10% imposed by the US on the UK. China and the US are completely equal. It is possible that Chuanzi will not be able to accept this later, so there is still a risk of negotiation failure. However, overall, this is definitely a positive. After the opening of the US stock market tonight, there should be another wave of market conditions in the next stage, which can be said to be easier to operate. When prices are low, it is right to buy anything. Now the main force of the cottage is still in meme, but there are signs of rotation in this sector. With the implementation of the agreement reached between China and the US today, which will last for 90 days, BTC will definitely go up, and the cottage will follow, but it is necessary to stop when it is good and decide the position based on the characteristics of the cottage. For example, pnut is very strong in the same sector, and pnut will double even if it is bad. If optimistic, this wave will last until the next interest rate cut, but if water is released, the cottage will definitely rise and fall in a cycle. If you grasp it well, you can make 3-5 times the profit.
Don’t fantasize about 100x, 10x is pretty good. Now new Bs are coming online continuously. If new investors don’t take over and think about making a quick buck, don’t complain when they have to stand guard for several months.
In the short term, the cryptocurrency market will definitely follow the trend of the U.S. stock market. The U.S. stock market did not open over the weekend, but there is no news now. There will be no surprises in May. The market makers have worked hard to push up the market this time, and they certainly don’t want retail investors to easily buy at the bottom and get a bargain.
This time we can fully refer to history. In 2024, the Federal Reserve cut interest rates three times. The first time was on September 18, 2024, by 50 basis points. On September 7, Bitcoin soared from 54,000 to 66,000. The second rate cut was on November 7, 2024, by 25 basis points. Bitcoin rose from 67,000 on November 4 to 93,000. The third rate cut was on December 18, 2024, by 25 basis points, and Bitcoin broke through 100,000 US dollars.
Therefore, any small correction in mid-May will be a good opportunity to get on board. The second best opportunity is now. The end-of-quarter CPI will be announced at 8:30 tomorrow night. If the CPI performs well, it will be conducive to the Fed's interest rate cut. Whether the market can reach a higher level now depends on waiting for the release of this data.
Finally, let’s take a look at our recent operations:
We had made good profits from XTZ before and were familiar with the market, so we bought some positions at the end of April. So far, we have made a profit of about 20%, which is still okay during the general rise. We plan to gradually reduce our positions when the profit is above 30%.
axs was a coin that increased a hundred times before oil refining. It was not included in many rounds. This wave is considered the bottom. We also sold part of the position and waited patiently for it to ferment.
Bonk followed Pepe, and Pnut caught up. It made a 10% profit just after it was launched in the afternoon. These copycats have a lot of profit added up. I believe there will be a subsequent wave to reach our target position.
The current strategy is still to take a quick hit and leave, and keep a position based on the characteristics of the currency.
Secondly, Pepe, this wave can also double the profit from the position that has attracted attention, so everyone must communicate more with Mr. Crab, and definitely take the position that can be taken. Everything is dominated by emotions.
Including pnut, it is to draw attention. It is unrealistic to eat meat everywhere. You won’t go wrong if you follow the ideas.
Brothers, come to the chat room and gather:
