Tomorrow, approaching the weekend, Bitcoin is likely to be in a volatile market, which instead presents opportunities for mainstream and altcoins. Although some altcoins have risen sharply recently, the altcoin season has not truly arrived. Coins like AITAI and others are still at relatively low positions. Let's see if they will rebound this weekend. If they don't rebound and Bitcoin corrects next month, other coins won't be able to perform either. Therefore, it's not recommended to short mainstream and altcoins to avoid being unable to handle the rebound. There are 5 days left until the monthly close, and there won't be any significant corrections this month. Patience is needed to wait for the high point signals!
There is a high probability that the Federal Reserve will cut interest rates in June and July, and during that time, all virtual currencies will rally. I personally believe there won't be any significant actions in May, but there will be a dip, and at that time, you just need to boldly buy the dip! Looking at the timeline, at the beginning of May, the tariff issue may come up again, combined with the fact that US stocks are entering earnings season, many companies will lower their future earnings expectations (forward EPS). This means that US stocks are likely to drop. If Bitcoin follows US stocks down to around $85,000, that could be a good buying opportunity on the dip. However, this requires the premise that Bitcoin must indeed drop with US stocks.
As we slowly approach June and July, Trump will start implementing the second phase of 'relaxing regulations + domestic tax cuts' policies. Once this policy comes out, in the third quarter, those risk assets priced in US dollars may show a trend of strengthening. This is a big positive for Bitcoin and could significantly drive Bitcoin into a main upward trend.
A bull market is about to emerge! The top 3 cryptocurrencies have the opportunity to soar 100 times!
TRUMP
Trump will still pump the market, after all, this is the coin he issued as president. If it goes to zero directly, it means he has no vision. If Trump's coin doubles in value, take the profit and don't be greedy.
Currently, Trump is inviting holders to a meeting, implying that everyone should not sell for now. Therefore, recent selling pressure should decrease significantly, and the possibility of continuing to rise with positive news is high. However, there is a chance of continued short-term explosions, but long-term still looks bearish due to too many unlocks.
ADA
ADA, as an established public blockchain, is a very stable investment target. A public blockchain will not go to zero, and there are many developments on it. The fundamentals are strong, and it could potentially increase 2-5 times in the future. You can take this opportunity to invest now!
Recently, Trump is considering appointing crypto-friendly figure Kevin Walsh as the chair of the Federal Reserve. The outlook is positive and worth investing in. The SEC under Trump's administration is easing crypto regulations, and as a popular altcoin, ADA's chances of ETF approval are increasing, attracting institutional interest.
SHIB
SHIB's price remains at $0.000014, but on-chain data reveals a strong signal of accumulation. Strategic accumulation by large investors indicates their confidence in SHIB's future rise, as they prepare for potential price volatility.
The increase in SHIB's net outflow and whale activity indicates that this 'Shiba Inu coin' is likely to experience a breakthrough in the near future, and its price could soar!
