Analyzing hot spot market trends on May 4, 2024
1: On May 4, Grayscale GBTC recorded net inflows for the first time after converting to a spot ETF, recording $63 million, easing selling pressure in the crypto market and bringing about a bullish wave.
2: As the US Federal Reserve adds $35 billion in monthly liquidity to slow the pace of balance sheet contraction and the US Treasury uses capital to stimulate markets, it shows Liquidity is coming and a new crypto bull market is expected to begin.
3: The longer the shock lasts, the more favorable the next market trend will be. has returned to the low level before the increase. Now is the perfect time to get in the car. As long as you have a stable mentality, invest well
