The current market situation that no one wants to admit!
(Jinqun Master Leaf)
Recently, the altcoin has fallen too much, but if Bitcoin falls another 15% this month, the altcoin can continue to fall by 60%, so there is no need to rush to buy the bottom. At present, the currencies that are more resistant to falling are Rwa track ondo, SSV in the pledge sector, sol ecological bome, and meme sector pepe.
Bitcoin closed the monthly line, with an amplitude of 19% in April and a drop of 15%. We have reason to believe that the downward trend will continue in May, because the market has inertia and emotions have inertia. It is recommended to buy the bottom in mid-to-late May.
Yesterday, the total trading volume of Hong Kong ETF spot ETF exceeded 11 million US dollars, Bitcoin ETF had about 8.5 million US dollars, and Ethereum ETF had only about 2.5 million US dollars, while the US passed it for 4.6 billion US dollars. The net outflow of ETFs was more than 2,000 Bitcoins, which hit the market's bullish confidence; it was obviously intentional, just to let the world see that you Hong Kong is not good, and the right to speak is in my beautiful place.
The scale of US debt is 35 trillion, and the interest rate is so high. The interest rate for one year is equal to the entire military expenditure for one year. The depreciation of the Japanese yen is the continuation of the harvesting method of Southeast Asia in 1998 by the United States. Now the United States has not yet eaten and run away, and it needs to continue to harvest.
