Is a big drop coming? Where is the market rhythm now?

If everyone’s goal is to run 100 meters, then Bitcoin has already run ahead and is now at about 65-70 meters.

Meanwhile, altcoins led by Ethereum and Solana have run about 50 meters.

If Bitcoin is to surge upwards and break through the previous position of about 110k, it needs some positive news to help it push up.

Currently, the major event is the recent vague comments from Powell about needing to adjust something.

I personally feel that they are preparing to cut interest rates, but he is not saying it outright.

If there is a rate cut, it would directly lead to a surge and stabilize above Bitcoin's previous high point.

Right now, no one really knows whether there will be a rate cut. If not, the latter half of May is likely to be a period with little volatility.

If there is a rate cut, this kind of pullback would just need to be dealt with.

In short, the best scenario is to leave gradually after reaching 80-90 meters, avoiding the last tail end.

With the current state at 50 meters, one must maintain at least 3 layers of short positions to prepare.

Next time there’s a big acceleration, remember to gradually take profits and reduce positions. #行情分析僅供參考