$BTC 2025.5.15 Cryptocurrency Market News Interpretation
The tax cuts between China and the U.S. have already been confirmed, and Japan and South Korea are likely to follow suit. However, the market has become somewhat numb to these news items. The real focus will be on when the Federal Reserve will signal its next move.
Capital Flow
• Bitcoin ETF consumed $319 million in a single day, while the aunt made $63.5 million in revenue.
• Trump’s Twitter suddenly turned him into a crypto influencer, boasting about being a "die-hard crypto fan" while promoting AI; the politician's antics are getting wilder.
Venture Capital Complaints
A big shot from 10T online exposes the truth: now every imitation project is inflating its valuation (starting from 50 times revenue). Just presenting a PPT can raise funds, and the token price is hardly related to the project — but isn't this the traditional strategy in the crypto world?
Market Forecast
• The weekly MACD golden cross is emerging, this scenario is very similar to the sharp decline after May 19, 2021. Even if it breaks the previous high, it might easily experience a top divergence. If it surges to $110,000 to $120,000, it is advisable to exit while trading.
• Short term support zone to watch is $99,000 - $100,000. After five consecutive weekly gains, a breather is completely normal.
• The aunt has reached the target of 25XX this week and might pull back to 24XX next. The last defense line is between 2350-2400.