Ganesh Bhandarie

I will never give up

**May 30 could be a pivotal moment for the current crypto market cycle.**

According to Axel Bitblaze, FTX will repay over $5 billion in stablecoins to creditors this week, representing ~2% of the global stablecoin supply. This massive liquidity injection could significantly impact market flows and sentiment.

Most recipients are crypto loyalists who stayed post-collapse, likely to reinvest in Bitcoin, Ethereum, altcoins, restaking, or new opportunities like farming or infrastructure projects.

With ETH surging, BTC near its highs, altcoins gaining momentum, and pro-crypto narratives growing in the U.S. amid favorable legislative developments, this $5 billion could be the catalyst for Bitcoin to break $120,000 and spark a true Altseason. Watch May 30 closely—it may mark the start of a new bullish wave.

#Altseason

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《Upcoming Changes - Current Market Analysis》

Why did it rise so well, only to suddenly fall? The tradition in this circle is that the market always drops during meetings. Tonight, Mr. Powell will speak again, and his speech has directly shaken the market's upward momentum.

Before the market is about to correct, Taco promptly reminds us to reduce overall positions. After reducing, the market began to pull back; it seems that Bitcoin has not yet stabilized and is still in a recovery state.

At 11 o'clock, the line changes; Bitcoin must stabilize above the 97,000 mark to stop this round of decline. During this process, there may still be spikes, coupled with the uncertainty of Mr. Powell's speech, so be prepared for both upward and downward spikes.

Today we reduce positions to first avoid Mr. Powell's speech, fearing sudden negative news could hit the crypto market, and to avoid dropping below the CPI data tomorrow at 9:30. Friends who opened positions these past two days need to be particularly cautious and prepare for risk management.

Continue to follow Taco, align with the trend, and help you judge the current market trend, future market direction, and potential hot coins. These are all areas where Taco excels, and you just need to click follow to be informed immediately.


#BTC走势分析
#美国加征关税
#山寨季何时到来？
#美联储何时降息？