The interest rate cut has been discussed for so long and is about to be implemented, yet prices remain at a neither high nor low position…
The market can't even leverage the expectations of an interest rate cut to push for an increase, so we really can't have too high hopes…
"Buy the expectation, sell the fact"
These six words are a real "fact"…
I feel that Bitcoin is currently forming the top of this bull market.
This includes the fluctuations in the mid-term range of 100,000 to 120,000.
Of course, the market has changed; don't think that when a "bear market" really comes, it will drop significantly…
The change in the participating groups has also led to market iteration.
In the future, a "bear market" might just mean low volatility, no trend, and no profit effect.
Funds are just lying flat, indifferent to anything happening in the market…
Therefore, we need to prepare for a prolonged phase of large-range fluctuations in this "bull market cycle" after April 2023 and March 2024.
When the "bear market cycle" truly arrives, it will be in a state of 2-3 times that of the previous two phases.
Currently, it seems that there really isn't anything new in the market.
What else can stir up a phase of market activity?
It's difficult…
Even the interest rate cut is about to be realized…
BTC
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