At present, market volatility is gradually increasing, which is closely related to the upcoming interest rate cut. However, the first interest rate cut by the Federal Reserve is not worthy of excessive attention. The interest rate cut is good for the market in the long run, but short-term ups and downs are possible.
Whether it is a callback after the good news is implemented, or a callback has not arrived, or whether the first interest rate cut surges or not, it will not change my view on the general trend. The long-term trend of the market is still spiraling upward.
From the overall trend, the market still maintains a bull market trend and is expected to set a new record high, especially those altcoins. Most of them are currently at the bottom area of the weekly level and are ready to break through at any time. Once these altcoins break through, it is very likely to trigger a large-scale rise. $BTC $ETH $BNB #token2049 #币安上线NEIRO #加密市场反弹 #新币挖矿CATI #灰度将推出首个美国XRP信托