Hello, gentlemen—it's another weekend full of turbulence. If in the past few days you gentlemen scrolled through social media and saw flooded posts crying and threatening that the market would collapse back to the Stone Age, then congratulations: the classic shark-shaking round of elimination has officially reached its peak.
As someone who has directly been rolling around and throwing money into this market through many stormy waves, I want to sit down with you gentlemen to break down what just happened last week—and why I clearly see this bout of turbulence as the most obvious opportunity to get rich since the beginning of the year.
Full View of Last Week: A Ruthless News Bombardment & Icy Macro Splash This week, the investment market in general and crypto in particular had to endure a flurry of “news bombs” that left the majority completely panicked:
Bitcoin ($BTC) officially breaks below $60,000: After days of grinding, last night BTC saw a straight vertical drop to around $58,000 - $59,100—the lowest level since the end of 2024. This crash directly triggered a massive liquidation chain totaling up to $1.09 billion from the Long side in just 24 hours.
Where is the pressure coming from? The market is hit by double pressure as large capital rotates out of technology/semiconductors (AI) stocks into defense, and at the same time the U.S. reported that May’s PCE index rose 4.1%, bringing back fears that the Fed will keep interest rates high for longer. Meanwhile, net outflows of nearly $469 million from Spot Bitcoin ETF funds pushed the Fear & Greed index deep down to the 23 level (Extreme Fear).
Altcoins “bleeding like a river”: When big brother BTC sneezes, the other Altcoins immediately fall into a “stroke” state—many coins, from Solana ($SOL) to mid-cap tokens, are down 15% to 30% in just a week.
Upcoming Situation Forecast: The Exhaustion Low From a technical perspective and cash-flow structure, this is not a time for fear—it’s time to switch to a hunting mode.
Short-term scenario: The $57,800 - $58,700 area is an extremely hard support zone (backed by the 61.8% Fibonacci level and the historical bottom). The weekly RSI indicator is showing strong reversal divergence—signs that the bears’ selling pressure is becoming exhausted. The market will likely grind and form a bottom around this zone for a few days before triggering a strong technical rebound back toward the $64,000 mark.
Smart money hasn’t left at all: You guys need to distinguish clearly: The small-scale retail investors panic-selling and cutting losses this week are the ones offloading. Meanwhile, the holdings of the Wall Street giants like BlackRock (the IBIT fund) still firmly hold near the $100 billion mark. They buy at higher price zones and they do not panic-sell. They are patiently waiting for this shakeout to end.
Investment Spotlight: The “Golden” Opportunity Named Ethereum ($ETH) If you ask me where it’s optimal to deploy capital around this time, I won’t hesitate to name Ethereum ($ETH).
Dragged down along with BTC’s overall wave to around the $1,700 range, ETH currently has the most “irrational” discount price of the year. But look at what the elites are doing:
The big “whales” (like Arthur Hayes’ wallets and institutions such as BitMine) are still frantically accumulating net hundreds of thousands of ETH out of exchanges to take them to Staking (locked to earn interest).
What are they preparing for? The Glamsterdam super upgrade in the second half of this year—a technological turning point that helps the ETH network accelerate to 10,000 TPS and cuts gas fees by up to 80%.
🔥 A call from a fellow traveler: This financial game of ages-old still stays the same. When the red screen is burning and the media keeps scaring people, that’s when the crowd willingly donates cheap assets to the whales. Buying when everyone is talking is easy—but daring to put money in to accumulate when the market is in panic is the mindset of the 5% of winning players.
Opportunities to buy ETH from the $1,7xx range or BTC from the $5x range don’t show up many times in a cycle. Instead of sitting still and sighing, take advantage of this year’s biggest “sales off” wave to restructure your portfolio, accumulate real assets, and patiently wait for the day the sweet fruits are harvested!
Have you already loaded up your guns to go shopping with me? Tap the charts right now and check the Cashtag $ETH, $BTC below to review the chart and map out your strategy for orders today! 👇
#CryptoUpdate #bitcoincrash #Ethereum #ETH #BNB
