The Federal Reserve continues to pause interest rate cuts in May. Yesterday's U.S. stock market saw some fluctuations, but overall it is still on a rebound trend. The cryptocurrency market is similar; after all, it was anticipated, and it's hard to see any major fluctuations for results that fully meet expectations.
Bitcoin (BTC) is either going to hit a new high soon, experience a sharp drop and pullback, or move sideways until June; there is no consensus among everyone.
I believe that without more external liquidity injection, sideways movement will be the most probable scenario. Sellers will continue to earn theta amid hesitation. This is a good time of year for sellers.
Specifically discussing Ethereum (ETH), the negative gamma position at 1800 will expire this week for most positions; the subsequent price resistance is still uncertain. Whether it can rise to the 2000 level remains to be seen. During the market's dull and quiet period, let's together sell puts and sell calls to recover at the right timing.
Bitcoin (BTC) is either going to hit a new high soon, experience a sharp drop and pullback, or move sideways until June; there is no consensus among everyone.
I believe that without more external liquidity injection, sideways movement will be the most probable scenario. Sellers will continue to earn theta amid hesitation. This is a good time of year for sellers.
Specifically discussing Ethereum (ETH), the negative gamma position at 1800 will expire this week for most positions; the subsequent price resistance is still uncertain. Whether it can rise to the 2000 level remains to be seen. During the market's dull and quiet period, let's together sell puts and sell calls to recover at the right timing.
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BTC
112,989.61
-0.96%