The Federal Reserve's interest rate decision is coming, will Bitcoin rise or fall? Keep an eye on these 10x opportunities!
Current cryptocurrency market truth:
1. Current state of the capital pool: - The Federal Reserve isn't injecting liquidity (no new money in the pool) - It's all existing funds at play (robbing Peter to pay Paul) - Bitcoin is draining (altcoins are crying)
2. Severe division in the crypto space: - BTC: Institutions are banding together to pull it up - Altcoins: Half-dead (like top students eating meat, and struggling students drinking soup)
3. Key turning point: - Wait for the Federal Reserve to actually lower interest rates - Wait for altcoins to drop significantly (that will be the opportunity)
【Old Hands' Operation Guide】
1. Short-term: - BTC is playable but don’t chase the highs - Don’t even look at altcoins (unless you want to be a martyr)
2. Mid-term: - Prepare cash for a market crash - Focus on the Federal Reserve's movements
3. Long-term: - After the interest rate cuts, altcoins will surely have a surge - Right now, all you need to do is: survive!
Remember, brothers: A bull market without liquidity is like a dish without salt; it looks lively but tastes bland!
Key events to watch next week:
On May 8, the Federal Reserve will announce its interest rate decision. On May 8, Powell will hold a monetary policy press conference. On May 8, the number of initial jobless claims in the US for the week ending May 3 is expected to be another tumultuous week! The probability of an interest rate cut this month is relatively low and is likely to remain unchanged, which is relatively a short-term negative.
Let’s wait for the market trend; it’s still in a volatile pattern.
Additionally, ETH's spectra upgrade is on May 7, and ETH-related altcoins are expected to see some short-term speculation; today ETH is still rising.
I’ve filtered a few Ethereum-related coins with significant rebound potential; the growth in the next few days will definitely outperform most coins. Pay close attention to making a swing trade, not a long-term hold.
ETHFI OP SSV IMX
LDO VELODROME AAVE PENDLE
Feel free to consult! Precise strategies!
