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In the last week of May, the big players might be planning a major move
Recently, there's a very strange feeling in the market.
— Everyone is increasingly losing faith in a rally.
And what's the most terrifying thing in the crypto world?
It's when most people start doubting, and the market suddenly moves in the opposite direction.
After BTC fell below $76k, social platforms noticeably quieted down.
The previous flood of "go all-in" posts is now replaced with discussions about "support levels."
But Polymarket's data isn't as pessimistic.
Many funds are still betting that:
BTC will return to around $78k by the end of the month.
Why?
Because the market hasn't truly experienced a "panic sell-off."
ETF outflows aren't significant;
Long-term on-chain holdings haven't shown obvious signs of loosening;
And stablecoin reserves are still high.
This looks more like a typical high-level shakeout.
Many people always think the bull market should rise every day.
But the real big bull markets love to scare people midway.
The goal is simple:
To shake off the indecisive traders.
The biggest feature of the current market is:
Retail investors are becoming more hesitant.
At such times, a "counterintuitive rally" is more likely.
My personal conclusion now is:
BTC will probably close around $77k at the end of May.
Not too high.
Because there are no real new positive catalysts.
And not too low.
Because there is still support below.
In simple terms:
The market has now entered a stage where:
"Whoever loses patience first, loses first."
Especially for contract traders, it's been particularly tough lately.
Chasing longs on small rises;
Chasing shorts on small dips;
And finally, getting stopped out repeatedly.
The truly stable traders are the spot holders.
They don't watch minute-by-minute candles;
They don't stay up all night;
And they won't start doubting life just because of a quick dip.
So, the most important thing now isn't guessing the direction.
It's not getting carried away by market sentiment. #Polymarket每日热点