BlackRock's ETF recorded 0 net inflows for three consecutive days, while Grayscale still had a large net outflow, indicating that the recent inflow of funds is indeed slowing down. It may be related to the recent external environment and published data. Funds are cautious. The market is still volatile at present. There may not be too much fluctuation in the short term. Whether the US stock market stabilizes still needs to be observed.

Considering that Sun has been eating a lot of Yitai chips recently, it is possible that there is progress on the Ethereum ETF. The previous news is that Franklin Ethereum spot ETF EZET is listed on the DTCC website. It is a familiar routine because the Bitcoin spot ETF has also experienced this process. From the market point of view, although there is not much fluctuation, Ethereum is obviously more resistant to decline than Bitcoin. In the current market hot spot scattered background, approaching May, Ethereum spot ETF may be one of the few hot spots. After all, there are expectations, so it can be paid attention to.

As for the Federal Reserve, there are about 4 days left before the next FOMC meeting. The probability of keeping interest rates unchanged in May is 97.6%, which is close to pricing. This has long been within the market's expectations. Let's see what expectations Powell will convey. Although a series of inflation data released recently exceeded expectations, the market has lowered the Fed's expectations for interest rate cuts, and even believes that there will be no interest rate cuts this year, but it is an indisputable fact that the fundamentals of the US economy have slowed down significantly. The sequelae of maintaining high interest rates have begun to appear, which is very contradictory. Let's see what Powell will say then.

In the short term, although the market is not ideal, Brother Ming is still optimistic. The bull market will not be smooth sailing. Recognize the big cycle, don't worry, the market is volatile, and you don't have to soak in the market every day. Spend more time with your family on May Day and take your family out for a walk! #大盘走势 #BTC #ETH