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New Investors Discuss: Bitcoin Market Trends Forecast for Early May

CN
交易员江生
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2 hours ago
AI summarizes in 5 seconds.

Good afternoon, everyone. I'm Xin Ya. It's been a long time since the last update. The market projection for the 24th has been confirmed, and the misjudgment of the independent market has been discussed. Today, after discussing with some friends, I am increasingly certain about the future market. Remember one thing: handle the market using the operating exchange rate as the underlying logic. In terms of trends, it is about shorting the exchange rate between Bitcoin and Ethereum. Only by adopting the perspective of the market makers can you understand how the market will move. The first part of the projection provided yesterday fits perfectly. The worst-case scenario is that it hovers sideways over the weekend and starts to drop next week.

This year, Bitcoin is over 80,000, and Ethereum is around 2300.
In the past two years, wasn't it the case that the Bitcoin-Ethereum exchange rate ranged from 22 to 38?

Now, the Bitcoin-Ethereum exchange rate is relatively high, and it needs a wave of market consolidation before starting a new beginning. How will it go? I hope it goes as I predict. Looking back at the last cycle, countless altcoin projects were booming, and now looking back, hasn't the Bitcoin-Ethereum exchange rate skyrocketed? During this process, Ethereum has become softer, and many altcoins have shrunk to one-tenth of their value. A bull market should not see Bitcoin alone performing well; otherwise, the bull market will not return.

Synchronize with me, WeChat Official Account: Xin Ya Talks About Chan

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