$BTC $ETH With Bitcoin down around 6% from this week’s high, $72,000 has now become a strong resistance level and the market’s pullback will continue to clear out free-riding speculators.

At the bottom, the US$60,000 previously predicted by many analysts is still worthy of attention. In the next few weeks, it is not ruled out that Bitcoin will return to this point to seek support again. If Bitcoin is to form an upward trend, it must maintain high trading volume. The status exceeded $72,000.

But the analyst remains optimistic. This is because for those with spot exchange rate positioning, now may be the best time to enter the market at a favorable price and buy Bitcoin. For this reason, he predicts that Bitcoin has a high chance of soaring at the end of May. to above $80,000 and even tested highs of $95,000 in June.

Overall, analysts believe that after the adoption of the Ethereum spot ETF, the market has made waves. It is likely to be the calm before the storm, and there is likely to be a sharp retracement before the end of May, and then challenge new highs. For this reason, investors need to pay close attention Market dynamics change to formulate appropriate investment strategies.