Several major events this week significantly impact the cryptocurrency prices


1. The policies after Jerome Powell took office as Federal Reserve Chair on May 15th, whether interest rate cuts and balance sheet reduction will be implemented, and the cancellation of the dot plot, etc.

2. Trump’s visit to China from May 13-15, bringing over 20 entrepreneurs, good talks lead to rises! Poor talks lead to crashes!

3. The largest options expiration in U.S. stocks on May 15th, especially for AI stocks, once the stock options are liquidated downward, Bitcoin will follow with a crash! Conversely, a surge!

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This week’s uncertainty is huge, no single factor can be decided by any one country, reduce leverage and contract positions, and release risks!
BTC-0.95%
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