#美国稳定币法案 family members, listen up! The Federal Reserve's interest rate decision at 2 AM on May 8 is definitely the top priority in the cryptocurrency world right now! In my opinion, there are only two possible outcomes:
The first scenario is that if the Federal Reserve does not cut interest rates in May, many people in the market have actually prepared for this. If they don't cut rates, Bitcoin is likely to pull back, and those coins we hold may shrink in value.
The second scenario is that if the Federal Reserve directly cuts interest rates in May, Bitcoin would rocket up like a rocket! Just thinking about that scene is exciting.
Right now, institutions in the market are going crazy, frantically buying Bitcoin. I tell you, once the price of Bitcoin stands above 100,000 USD, that 3 billion USD worth of "southbound funds" (the money flowing out from our country to trade cryptocurrencies) will probably be instantly absorbed by the market. To those big players, this 3 billion USD is like a juicy piece of meat, and they are drooling over it.
Recently, the market performance has been particularly obvious. Bitcoin can reach a new high every day, but within a few days, that high becomes a low. The K-line looks like it is slowly moving upwards, but those shorting Bitcoin (those who bet against Bitcoin to make money) are suffering, getting trapped deeper and deeper, unable to escape. I speculate that those big players will not easily crash the market to let the shorters out; they are hoping the shorters get caught deeper so that they can profit handsomely!