The Bitcoin conference started these past few days, but aside from these conference updates, there haven't been any significant events affecting the market, so it's expected that the remaining days of this month will be quite uneventful.
There is a regulatory bill regarding stablecoins that may pass in the Senate by the end of May, and then it will have to go through the House of Representatives. However, if large investors do not want to take this opportunity to speculate, it is likely that we will continue to see sideways movement. The real events that could impact prices might not happen until June, when two major things could occur:
1. The US government may default on its national debt in June (although the likelihood is low, it remains to be seen how this develops)
2. The Treasury Department may start printing USDT like crazy to save the situation (which is equivalent to indirect easing)
If these two things happen concurrently, it is believed there will be a significant impact on the market.
