Let's talk about macro news! Over here in the U.S., the Federal Reserve might not lower interest rates until June at the earliest; this year, the market feels like it's on a roller coaster, with no stimulating news for a rise. Japan also needs to be watched; there may be another rate hike in May or June. Many altcoins were directly halved after the rate hike at the end of January, so caution is advised.
Recently, the market has seen a bit of a rebound, but it struggles to rise, lacking a detonator. A ceasefire in the Russia-Ukraine conflict, the implementation of tariffs, or speculation about interest rate cuts could potentially reverse the market; otherwise, it's likely to be a volatile market, and we need to endure. Japan will hold a meeting on interest rates on Wednesday; they may not raise them directly, but the market will likely speculate. If rates are increased on May 1, the market might 'plunge' again, but as per the usual pattern, after a big drop, it will recover. When the U.S. lowers rates, the weekly chart might just see a 'V' reversal; let's observe as we go.
Tonight, Trump will talk to Putin; he mentioned there is a chance to end the Russia-Ukraine conflict. If it really happens, the market could rebound, which is worth paying attention to.
The Shitcoin on Binance Smart Chain has recently become a hotspot, with trading volume surpassing Solana. Binance simplifies operations, connecting the liquidity pool, and new coins are skyrocketing. Now the rumor is that Binance's 'Shitcoin Season' has arrived, somewhat reminiscent of last year's Pump.fun explosion. CZ is personally leading the trend, and this wave of excitement is just beginning; retail investors will flood in, and there’s still fun to be had, but on-chain meme coins carry high risks, similar to gambling.
If you want to play, first keep an eye on CZ and He Yi's Twitter for clues about Shitcoin; second, if you can code, create a monitoring app to catch keywords and set ambushes; third, don't have too high expectations; meme coins have a low probability of success. Don't go all in; just use some pocket money to play, or else you might get reaped by the 'dog funds'!
