One day in the cryptocurrency world is like ten years in the real world
The biggest difference between the first round of bull market and the previous two rounds is that the group composition of market participants this time is extremely unbalanced. The first round of the bull market was mainly participated by retail investors, and the participants were basically equal to each other, so there was no problem like the scythe, and the enthusiasm of the participants was far greater than this round. Institutions began to join in the second round, with Grayscale as a typical representative. The initial involvement of institutions resulted in them only being able to buy from retail investors to push up prices. At the same time, the defi innovation of the previous round also ignited market enthusiasm. However, this round of small bull market is completely different. Not only did no substantial large-scale innovation appear, but market makers were the representatives of large-scale price gouging and market manipulation, and retail investors became the target of being cut. In particular, its ups and downs were completely controlled by market makers. When it was sideways, the market was almost non-volatile, and they still insisted on rubbing the concept. Crazy manipulation of multiple coin prices, harvesting all the meager principal of retail investors!
TRB has become the biggest manipulation scam! So in this bull market, if retail investors cannot profit from it, then only market makers and dealers are left to control the situation! Are you ready for the next major event? In the next two days, the direction of Bitcoin and many altcoins will usher in a major change! First, let's turn our attention to the distant United States. On this big stage of global finance, every subtle data and statement may trigger a financial frenzy. Especially now, everyone's eyes are firmly focused on Federal Reserve Chairman Jerome Powell. At 3:30 pm (GMT) on Tuesday, May 14, the United States will release a key data - producer inflation data (PPI). This data is like a thermometer, showing the heat status of the entire economic system. At present, the general expectation is that the value will be 2.2%, but what the actual result will be is still unknown. Then, at 5 pm (GMT), Federal Reserve Chairman Powell will appear in front of the camera to release his important remarks. Every word he says may be like a bombshell, causing huge waves in the cryptocurrency market.
Then, at 3:30 pm (GMT) on Wednesday, May 15, we will have another key data - consumer inflation data (CPI). This data is like an indicator of the tightness of consumers' "purses", and the predicted value is 3.4%. Copy and regenerate
1. This wave of market is really soaring! The main reasons for the surge are as follows:
2. It is rumored that the SEC may change its attitude on approving the spot Ethereum ETF. If this news is true, it will have a significant positive impact on the market, attracting a large amount of ETF funds to inflow and driving up the market value.
3. There are reports that the US dollar may cut interest rates. Although the official announcement has not yet been made, many small and medium-sized banks in the United States are already preparing for the rate cut. This rate cut will lead to the release of funds, and a large amount of US dollars may flow into various high-quality assets, especially the BTC market.
4. Although the market value of ETH is as high as more than 400 billion US dollars, it is still firmly controlled by the main force. When the K-line completely broke, many KOLs were extremely pessimistic, and retail investors were desperate for ETH, a big positive line pulled the ETH/BTC exchange rate back to 0.05.
5. This market has been manipulated by the main force. Without the manipulation of the main force, there will be no large fluctuations. Without fluctuations, how can there be profits?
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