Powell's speech just wrapped up, and from my perspective, he was pretty dovish this time around, not making any aggressive statements. Especially when many reporters were trying to pin him down on whether there would be rate hikes, Powell was pretty clear that there are no plans for that right now. Of course, he also thinks it's still a bit early to adjust monetary policy and that we need to see more data first.
When it came to the question of who would take over from Waller, Powell remained cool and kept praising him, never hinting that there would be any issues. This bodes well for Waller's succession. At the same time, Powell believes that the recent spike in oil prices due to the U.S.-Iran conflict is a short-term issue and won’t have a lasting impact on oil price trends.
On the labor front, Powell still feels pretty good about it; the current unemployment rate is still low, and he thinks the job market is solid. Although he didn't provide a clear monetary policy direction, Powell believes that only when labor data drops significantly might the Fed consider reversing course.
Right now, the resilience of the U.S. economy is looking solid, even with AI stepping in to replace some labor. However, we haven't seen the economy hitting any snags yet.
The Traffic Secret of Binance Square—Telling Rags-to-Riches Stories
Every time I open Binance Square, it’s like, hey everyone, I'm so-and-so, I'm 36 this year, I've been in the game for ten years, turned 50 U into 20 million U, a 400,000x gain, and now I'm totally free. Posts like these are the most common, with the highest views and traffic, perfectly tapping into the crypto crowd's obsession with overnight riches. You could say it's the ultimate dream factory in the crypto world.
5 savvy tips for navigating the crypto scene, catch on early to minimize losses:
1. Be confident when networking, strike a balance of assertiveness, stay neither too humble nor too arrogant. Flattering won’t earn you respect; only solid performance will.
2. Keep your late-night chats minimal; always check if it’s a good time first. That’s basic etiquette in the crypto community.
3. In this game, profits matter most, emotions come second. Level up your skills to shift others' perspectives.
4. Relationships can be fragile; conflicts over gains can lead to quick breakups. Emotional ties don’t hold as much weight as stable profits.
5. Be cautious in your personal dealings, steer clear of ambiguity and drunken slip-ups, or you might find yourself in hot water.
In the past, ETH would pump a leading meme, then SOL and BSC would instantly jump in to rally... What's going on now? ETH just had its run, and all the meme coins went completely silent?
Is the liquidity in this market really that bad?
It's actually a result of everyone fighting their own battles; no one can focus their firepower. Everyone thinks they're the smartest, but it's basically a self-sabotage move.
It's not that ETH is more stable, it's just natural reasoning.
The conspiracy play with SOL is already worn out; the whales, the big sell-offs, institutions, on-chain bots, and the stagnant players—99 people in the room, just waiting for 1 fool to come in and dump money. Can't play that anymore.
So SOL's gameplay is off the table, what about MEME? For instance, something like ASTEROID, which has been washed for a long time, has gained potential this round of DOGE due to the old horse's response, the story's upgrade, and the SPACEX listing.
As for launching new coins for liquidity, from the two points I made above, it's clear that over there, you're up against 99 people, not 99x leverage.
Don't fear liquidity; if it loses money, it will come back naturally.
$ASTEROID: An old player with no major sell-offs lurking + Musk + love and care + SPACEX listing + unique mascot.
$FLORK: An old player with no major sell-offs lurking + Twitter MEME icon + over 10 years of classic IP + an image recognized by everyone in Latin America + the top trending hit on TIKTOK; any one of these is super bullish.
Moreover, both assets are long-term plays; these two are likely to be the kings of the ETH MEME wave. Check back in a few months—buy a little, don’t go all in, and once you buy, forget about it.
History doesn't lie: May 4th is a crucial red line for Bitcoin.
Looking back at every midterm election year, this date feels like a guillotine. The disasters of 2018 and 2022 are still fresh in our minds. On this day in 2026, while the market is still partying in the wake of geopolitical tailwinds, the real game-changer might be waiting for us in early May.
Respect the cycles, fear the patterns. Only those who survive can talk about bull markets.
Lately, I've been feeling a bit lost, honestly not sure what to trade anymore.
Solana is all about high stakes or schemes set up by groups; you can tell just by looking at the candlesticks. If you don't jump in, they keep pumping it, but once you do, they start wrecking you.
BSC? No chance at all, it feels like a dead market; the competition is just too intense, and you can't even get a decent setup going.
ETH: Recently, thanks to the Space Dog situation, all the hot money is flowing here, making BSC feel super cold and empty. There's hardly anyone around, no front-runners to push prices up, so retail investors aren’t buying in to drive the price.
Right now, I'm comfortable trading ETH; apart from the gas fees being a bit steep and the speed being a little slow, everything else is in my comfort zone.
I've turned 0.5 ETH into 3 ETH in about three days, and that’s without me constantly watching the charts—almost every day, a small gem pops up on the ETH chain.
As long as you do your research, get in on early positions, and just wait for the bloom, you’re typically looking at a 5x starting point.
Learn to identify where the hot money is, where the fish are, and then go fishing.
Feels like we’ve hit a bear market; it seems like no one’s trading in the crypto space anymore... I don’t even feel motivated to update Twitter.
Hoping for a super mega moonshot golden dog to change the game.
A day after the ceasefire extension, Iran's already making moves.
Three ships in the Strait of Hormuz were fired upon, two were seized, and Maersk has confirmed that the strait is completely stagnant. Oil prices are still climbing.
But it's a lose-lose deadlock: with the strait closed, Iran can't get its own oil out, missing out on profits. The US military operations have been going on for nearly 60 days, and the king understands he’s facing pressure from Congress. Neither side can hold out for too long.
So the biggest fear isn't the continued stalemate, but a sudden peace talk that could send oil prices crashing down with a big bearish candlestick. I’ve already closed half of my crude oil position, leaving the other half open. I’ll wait for peace signals to re-enter.
For spot trading, I'm waiting for Bitcoin to hit new lows to dollar-cost average in, and mainly looking to short contracts above 80k. ETF funds are still flowing in, and MicroStrategy is still buying. Keep an eye on risk management for next week's FOMC (April 28-29), as in the past 9 meetings, 8 of them saw a drop afterward.
I’m definitely steering clear of altcoins; better to play with top-tier memes.