Bitcoin is currently entering a mid-term shock wash. On the 5th, a 15% fluctuation exploded both long and short. Ethereum took over the shock rise, and SOL was sluggish and kept lying...
I think this week is still a shock market, and there may be more opportunities in the cottage, because occasionally there is good news, and a cottage will explode... At present, this market is indeed a time for cottage project parties to make trouble. Now they are not tossing, just wait for it to return to zero when the bear market comes! You can't even cut the leeks if you want to cut them
As a series of factors after Trump took office, I think the defi/pledge of the ETH ecosystem will still be a place where funds will flow in, hype compliance and the favorable direction of all crypto-friendly officials.
Finally, I don’t think this week can end the shock of Bitcoin and go unilaterally directly. I am more optimistic about next week! Because next week, the Federal Reserve will announce the interest rate decision again.
There are also big ups and downs in the bull market. You see that the US unemployment rate was announced last week. Did the market have a continuous correction? No, it just fell a little and pulled back.
This is the trend of policy. For example, the chairman of the Federal Reserve said that $BTC is a competitor of gold. This is the chairman of the central bank of the United States. This call stimulates the emotions of global crypto investors, so no one can stop the trend, and macro data has to stand aside.
