BitEagle đŠ 4.27 Accurate Market Analysis @Everyone
Good morning, brothers. Last night, PCE was higher than expected,
and it dealt a heavy blow to the fragile cryptocurrency market.
After the data was released, let everyone reduce their positions to 30%.
The U.S. stock market rebounded sharply, but BTC did not follow.
Big brother BlackRock has not received any stock for several days,
and ETF funds continue to flow out.
The liquidity of the cryptocurrency market is insufficient. According to our on-chain data observation,
only 1,000 BTC is needed to smash a big hole.
Is there any hope next?
There is still hope. Let's see if the heavy data in May can turn the tide:
- Non-agricultural data will be released on May 3
- CPI data will be released on May 15
As long as the May data shows that inflation has fallen,
then the cryptocurrency market will usher in vitality.
The fish body has been eaten, and there are still too many thorns in the fish tail,
which can easily hurt us.
Replacing the old fish with the new fish is a long-term thing.
There is a big thunder before October:
The compensation of Mentougou is about to expire,
and the total amount is 80,000.
In the near future, we still expect the market to fluctuate and correct, and prevent BTC from falling to 60,000.
Keep 30% of the spot stocks of CHR, FTM, AR, WLD, etc., and the risk is not high.
If there is a rebound, you will not miss out. $BTC $ETH #性çè”°ćż #
