#XPRETF
BTC is entering a accumulation phase, altcoins that haven't been pumped will be pumped this week! BTC has now established a strong resistance level at 87-88k!
News has saturated, this Friday the Non-Farm Payroll report will be released and the PMI indicators will not have much impact! Next week there will be the FOMC Meeting minutes released early Thursday! Interest rates remain unchanged as the FED is still waiting for data, tariffs are out but have not had an immediate effect! This May, some coins that haven't been pumped will be pumped, the situation may worsen as we enter June-July-August with fierce economic conditions! In summary, BTC at 74k last time was the bottom for this year! As for altcoins, they may hit the bottom in August or September when recession news will cause altcoins to drop sharply while BTC will not, now BTC has truly become Gold! Usually in the US stock market, whenever there is a change in President, it takes 6 months to stabilize, while in crypto, BTC stabilizes first, but altcoins have not yet, the recession only lasts for 2 months! So the bottom will fall in the first few months! Money flows in quickly and out quickly!
