April 28, 2025

Next week, there will be some important data releases, including the U.S. first quarter real GDP, core price index, and Japan's interest rate decision. Overall, the current pace of interest rate cuts is slowing down. If the economic data does not show significant issues, we can still expect two rate cuts this year. This data may not directly stimulate the market, but considering Trump's push for rate cuts, if the cuts exceed expectations, it will boost market confidence.

In recent market movements, it can be seen that market confidence is gradually recovering, at least not continuing to move in one direction. This will disrupt the previous trend of one-sided declines. Therefore, if one insists on waiting for lower prices, they may miss opportunities, even missing out on a significant market rally.

The core reference for the cryptocurrency market remains Bitcoin. When Bitcoin rises back above 90,000, it indicates that capital continues to have a bullish outlook on Bitcoin. Although Bitcoin has previously been following an independent market trend, it is undeniable that there has been some capital overflow driving altcoins; otherwise, new coins would not have such high market values. Based on this, the upcoming market is also worth looking forward to.

Of course, altcoin prices are actually at a low level, especially Ethereum's price, which is still very weak compared to Bitcoin. The altcoin market still needs hot topics to drive it. For example, the previous surge of SOL to 300 was primarily due to the popularity of memes. Thus, our bets on altcoins largely depend on hot topics and major players getting involved.

Thank you for your attention.