No one can tell when the cryptocurrency market will surge!
But there are a few news data that will affect the trend and everyone can pay attention to it:
1. Halving effect:
There is a "halving" phenomenon in the cryptocurrency market
Historically, after each halving, the market often ushered in a wave of gains and prices will rise rapidly
This effect usually takes about three months to show up!
2. US election: November 5
The US election will officially begin
This will have an impact on the financial market
Including the cryptocurrency market, policy changes and market sentiment fluctuations during the election
Will inevitably have a certain impact on prices!
3. Fed rate cut:
The market generally expects the Fed to cut interest rates, although the specific time is uncertain
But the rate cut will increase market liquidity
Adequate funds
It is undoubtedly good news for cryptocurrency prices
In short, don't panic every time the market price falls back, this may be the best time for you to increase your position and benefit!