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Today is the last day of April, and tomorrow is the long-awaited May. In May, the first thing that will come is the Federal Reserve's interest rate meeting that has attracted global attention, as well as the release of the U.S. non-farm data. In fact, people are currently in a state of anxious speculation about the Federal Reserve's intentions. As a result, the crypto market has already undergone deep and large-scale fluctuations and deep corrections in advance. Looking back at the crypto market in April, in general, the trend of the entire market in April was in huge ups and downs. Bitcoin rebounded to 72,799 points on April 8 and then corrected all the way, especially on April 20 when the Bitcoin halving was completed, and it also went out of the trend of volatile decline. The crypto market sentiment in April was full of anxiety and panic. The U.S. Bitcoin spot ETF had little willingness to increase its holdings, and BlackRock was in a stagnant state for three consecutive days. Let's take a look at the changes in the data. On April 29, 9 Bitcoin spot ETFs (including Grayscale) had a net reduction of 2,302 BTC, with a net outflow of approximately US$144.8 million. Among them, Grayscale reduced its holdings by 2,167 BTC, with a net outflow of about $136.3 million. It currently holds 298,445 BTC, equivalent to about $18.77 billion. BlackRock has not increased or reduced its holdings of BTC for three consecutive days.

Regardless of the results of the May 2 Federal Reserve interest rate meeting, the crypto market has actually experienced a complete and thorough wash-out, and the red May must be expected.

Pay attention to changes in the news and pay attention to Mingge's speed in entering the circle. #大盘走势 #BTC #ETH