How will the market develop next and what are the response plans?

There were 4 major events last night, 3 of which were negative:

1. Fed’s Logan said that there is a significant upside risk to inflation and it is too early to consider a rate cut, which is bad news for the cryptocurrency world

2. The expected inflation rate for the US in May was 3.2%, but the announced value of 3.5% was higher than expected, which was bearish for the cryptocurrency market.

3. U.S. Consumer Confidence Index for May, expected to be 76, released at 67.4, good news for the cryptocurrency world

4. The Security Cabinet voted to approve the expansion of operations in Rafah, which is bad news for the cryptocurrency world

There are four scenarios in the future, all determined by the peace talks between Israel and Hamas and the CPI data next Wednesday.

1. Peace talks are successful + CPI is lower than expected: probability 10% BTC soars back to $70,000, the bull market returns quickly, great news

2. Failure of peace talks + CPI lower than expected: probability 35%

A big drop in the failed peace talks, a rebound in the CPI below expectations

Positive and negative factors offset each other, BTC fluctuates around $60,000, but the altcoins are bleeding and injured

3. Successful negotiation + CPI higher than expected: probability 35%

In this case, the success of the negotiation is not a good thing, it can only be said that it will maintain its value.

If CPI is higher than expected, there will definitely be a big drop, and BTC will fall to $55,000

4. Failure of peace talks + CPI higher than expected: 20% probability

Both are bad news, the market will fall.

BTC falls below $55,000, defend $50,000

After looking at these four situations, we can come to the conclusion: it is more likely to be bad than good.

Therefore, we recommend lowering your expectations and holding a position of about 30%, mainly AR and BNB. Other configurable currencies include: $CHR, $WLD, $CHZ, $FTM, $Matic, and small positions. Those with positions exceeding 30% can only stop losses and give up their holdings.

This way, you can still buy at the bottom if the price drops. Even if it drops by 1%, you can get more coins when you buy them back.

Whether it is a contract or spot, the principle is the same.

OpenAI will hold a press conference next Monday. If WLD rises sharply, remember to sell it first. When all the good news is out, it will turn into bad news. Buy it back if it falls later.

The 3 Best Cryptocurrencies to Buy Today!

1.FLOKI

Floki Inu, another dog-themed meme coin with ties to Elon Musk, has a strong community and a development team working on utility projects. However, its future depends on delivering on those promises.

Bonk (BONK): Launched by Solana in 2023 to support its growing NFT ecosystem, Bonk’s initial growth has been impressive. Its association with an established blockchain like Solana is an advantage, but its long-term viability remains to be seen.

Dogelon Mars (ELON): This meme coin with a space dog mascot has attracted attention for its ambitious goals, which include a planned interstellar exchange. However, its future success depends on the team’s ability to execute on these plans.

Important considerations before investing:

Meme coins are highly speculative investments. They generally lack real-world utility and are susceptible to sudden price swings.

Focus on community and development. Look for memecoins with active communities and development teams committed to building a sustainable ecosystem.

2. BABY

PEPE fell 0.27% to $0.00000867. The coin is trading in the red and green zones on the chart. The 24-hour low and high were $0.000008219 and $0.000008906 respectively, indicating a sideways trading session.

Media previously reported that despite the token’s stability, One Wheel received a total of 350 billion PEPE, which can be seen in the wider chart.

This further adds to the optimism about PepCoin’s future price movement, indicating that there is buying pressure on the coin in the market.

Coinglass data at press time showed PEPE open interest increased by 1.64% to $98.81 million, while derivatives volume fell by 0.32% to $822.18 million.

This could increase the memecoin’s short-term volatility, although with the sharp gains in recent days and BTC’s post-halving rally, market sentiment is bullish on Pepecoin’s long-term prospects.

3.SSV

SSV coin is a specific digital currency, which is different from other cryptocurrencies such as Bitcoin and Ethereum. The type of SSV coin is usually determined by its issuing organization or project party. It can be a token issued based on different blockchain platforms such as Ethereum, TRON, EOS, etc., or it can be an independent blockchain project.

For investors holding spot positions, they can take action directly.

The highest point of SSV reached 66 US dollars, and the current price is 35.9 US dollars. If you don’t have enough SSV positions or your own volatility positions are not enough, please pay attention. SSV has confirmed to cooperate with LDO. The current TVL growth rate is very fast. After the overall market stabilizes, it will explode. So don’t be short or hold a light position. If you don’t have enough positions, add positions at 35. As a key guardian of the Ethereum network, SSV’s goal is set at 500 US dollars. The potential of SSV is simply a rocket ready to go.

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