519 is about to pass, are there still black swans?
Yesterday, Bitcoin surged and then quickly retreated, and Ethereum even fell below 2320. Many people are reminded of the black swan event of 2021, but in reality, there is no connection; history is meant to be remembered.
This week in the cryptocurrency world is bound to be turbulent, as many Federal Reserve officials will be giving speeches. Although the content of the speeches may not be significant, they are sure to cause market unrest.
Solana will hold the Accelerate 2025 crypto summit from May 19 to 23; the Mayor of New York City is doubling down on promoting crypto initiatives, resonating with the policy narrative of the Trump dinner. Trump announced a token plan at the dinner, continuing his advocacy for a "crypto strategic reserve." This will surely drive short-term speculation on $TRUMP . Everyone needs to be cautious when entering the market at that time.
With frequent market events, everyone should avoid entering blindly. Ongoing exploration and layout of hot cryptocurrencies are important. If you are still operating blindly, it might be better to gather wisdom from the crowd here.
