$BTC In May, this wave of big drop basically can't be avoided, the script from the beginning of the month is all in!
Last month when I said May would see a big drop, a bunch of people in the comments were sarcastic, saying things like "a call will eventually get it right in a month". As a result, non-farm payroll data just came out, and the next day it directly smashed through $94,000, diving $4,300 from the $97,800 high point, and this is just the beginning. I had already reminded: the short-term pump is all just market manipulation, and the rise is just to liquidate the bulls.
Key points have arrived:
1. Tonight's ETH upgrade: There's a high probability it will be another case of "good news turning into bad news", and the main force is just taking the opportunity to sell off.
2. Tomorrow night the Federal Reserve will hold a meeting: Right now, market expectations are leaning hawkish, and the shadow of interest rate hikes will once again loom over the crypto space.
Any one of these two bombs going off will shake the market. Especially now that BTC is teetering at this $93,000 position, if it breaks down it might plunge directly into the $80,000 range.
To be honest:
Don't blindly trust any technical analysis, market manipulators specifically target contract traders.
Spot traders can lie still and play dead, but leveraged players are advised to reduce positions for safety.
My prediction has only about 60% confidence, when the market goes crazy, not even gods can stop it.
(Remember: bear markets often see big surges, bull markets often see big drops, and May has always been a traditional month for market crashes.)
Because I've been through the rain, I want to lend a hand to the new players just entering the market, to help everyone avoid the biggest risks!!!
Keep following: bel tst bnx car ltc