BTC almost fell below $62,000 yesterday, but it rebounded slightly. According to historical rules, ETH generally rises after halving and will be stronger than BTC. Last night's trend repeated history. This week, we mainly experienced the release of GDP and PCE data. There was panic after the data was released, and the market continued to fall after the release. Next week, we will enter the May Day holiday. While people in the cryptocurrency circle are traveling, two major events are intensively taking place. (1) The Federal Reserve will hold a monetary policy meeting. (2) The release of super heavy non-agricultural data. The worrying inflation data for three consecutive months shows that the Federal Reserve's pace of moving towards the 2% target has stagnated. The Federal Reserve will announce its interest rate decision on May 2, and Powell will give a speech after the meeting. Whether the cryptocurrency circle can reverse the downward trend depends on the non-agricultural data released on May 3! If the negative news is higher than expected, we still need to defend 62,000. If the positive news is lower than expected, it will challenge the previous high. If the profit and loss ratio is appropriate, if there is a big drop before the data is released, you can boldly copy it. Because this impact is asymmetric, don't hold all in, you can still buy when it falls.
The cryptocurrency world has changed, and the investors have changed. They have become fairer and more sober. The investors no longer accept the air coins that are sold by institutions. No matter how you entice them, they just won’t play. Either we all play inscriptions together, or we all play memes together. The targets that can take off in this bull market and reach a market value of 10 billion must be projects with fairness as the attribute and free as the core, such as last year’s inscriptions ordi sats#新币挖矿 #BTC #ETH