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Today is the weekend, providing a forward-looking prediction for the market outlook.
The next suspense is how long Lee and Celsius can hold on; billions of dollars in losses are putting increasing pressure on Bit and MicroStrategy, and they are likely to continue selling coins at some point.
The big moves haven't come yet, and the speed and intensity of the decline next month will be unimaginable.
The crypto market will also hit its lowest point next month, and the possibility of Ethereum dropping to 600 seems to be increasing.
Friends who are paying attention to my analysis, I hope you all listen!
What will the upcoming script look like?
June's Bitcoin will be at 46,000–48k, rebound to 56k;
Ethereum will see 1,000–1,200, rebound to around 1,500.
Due to MicroStrategy and Bit's爆雷 (bad news), along with the Federal Reserve hinting at possible rate hikes,
and the US stock market topping out, the AI bubble bursting, and a series of negative factors,
the market will trigger a new round of panic, rapidly declining to bottom.
Bitcoin at 35k, extreme 26k;
Ethereum at 650, extreme 380.
The bear market bottom will appear in July,
rebound and bottom out in August,
the Federal Reserve will hike rates once in September,
the market will probe the bottom again to confirm the bear market bottom,
and a new bull market will begin in Q4.
Do you think this script is reasonable? 😎😎