5.26 Market Analysis

With Trump’s remark on adding 110,000 tariffs, the market plummeted, and now it is in a very chaotic situation. Additionally, with the market not opening on Monday, it has been oscillating repeatedly between 107,000 and 109,500.

Next, my view on the market is slightly bearish, but some big players say it can drop to 90,000 or 80,000, which is purely an illusion created by holding positions. The large-scale market is still in an upward trend, and even if it declines, it will not reverse super quickly.

Therefore, based on futures data and settlement data, the market should oscillate within a larger range. 102,000 is a point where a large number of highly leveraged longs may get liquidated, and 110,000 is a point where a large number of shorts may get liquidated; the market will oscillate within this larger range. Personally, I believe the possibility of liquidation below is much higher.

In fact, after this wave of rising and breaking new highs, I am completely astonished by the market. After breaking new highs, there is not a bit of excitement because the market lacks Ponzi schemes and fakes. Actually, BTC has only risen by a few points, which is not enough for ordinary retail investors looking to get rich in the cryptocurrency space, coupled with complex oscillations. However, with expectations for interest rate cuts and M2 growth, the market is really about to come alive; everyone must seize the last round of opportunities. #加密市场反弹