April 30th is simply the "Judgment Day" for the cryptocurrency world! The U.S. first quarter GDP and core PCE price index both plummeted, and the market directly entered a hellish mode of choosing between two options:
Economic recession? Funds are panicking, rushing into cryptocurrency to seek survival;
Inflation skyrocketing? Dreams of interest rate cuts shattered, assets like Bitcoin are being pressed down!
Now Bitcoin is like a gambler standing at the edge of a cliff, while the main players are secretly making big moves! Perpetual contract rates are plummeting, yet futures positions are surging, clearly indicating that the big shots are stocking up bullets for a stormy showdown! If ordinary players still foolishly rush in, they will be chopped down like chives in no time!
Be careful! These are all the reapers of the market!
When mainstream coins are flat, a bunch of monsters will emerge in the market:
Suddenly soaring "potential coins" are actually the last craziness before the project parties run away;
So-called "mainnet launch" air coins are all schemes to harvest the intelligence tax;
Shanzhai coins waving the banner of "technological revolution" are essentially just money-scheming scripts!
Remember! The big players raising prices definitely do not intend for retail investors to get rich, but rather to find suckers to take over the losses!