Where will Ethereum rise to this time? The final exit time has come! It is May 27th, and you must complete your exit before then!
The current hot topic in the crypto world is the Bitcoin conference on May 27th, where Vice President Vance has confirmed he will attend and speak, while Trump and Musk may or may not go. The current trend is quite similar to last year, where there was a strong surge before the conference, and after that conference, Bitcoin started to plummet.
Although I personally think this conference will not have a significant impact on the market, traders still need a date, a signal to make decisions. Therefore, many people may consider the period around May 27th as an opportunity to exit after a favorable signal.
As I mentioned yesterday, the altcoin season will not end in just one day; ETH surged again this morning. Let me add that the altcoin season will not last forever! With two weeks until the Bitcoin conference, I think this timing is just right; it may be the final explosive period of the altcoin season.
In the short term, the inflation data next Tuesday may bring bad news, as the impact of tariffs will begin to show gradually, so we need to be cautious next Tuesday. The crypto market itself does not have much bad news, but it is closely linked to the U.S. stock market. If the U.S. stock market adjusts due to some factors, the crypto market will likely follow suit.
