In the volatile field of cryptocurrency, it seems that the world pattern and market sentiment have changed dramatically overnight:
Iran, once regarded as the focus of tension, seems to have suddenly calmed down and the clouds of war have begun to dissipate;
The US economy, once shrouded in the shadow of recession, now seems to have ushered in a ray of light, and the signs of recession are gradually fading;
Japan, which was previously worried about raising interest rates due to inflationary pressure, now has news that it is no longer considering raising interest rates, which has boosted the market;
The most eye-catching thing is that Putin has voiced his support for mining, which is undoubtedly a bombshell in the cryptocurrency market.
In this context, many people are asking: Has the market really ushered in a complete reversal?
However, the nature of the market is complex and changeable, and we cannot assert that the market trend has completely changed based on just a few events. A true reversal requires time to test and is the result of a series of fundamental factors and market sentiment.