There are no signs of a slowdown in the global bull market. In November 2024, global ETF inflows reached a staggering $158 billion, four times the average monthly value of 2022. So far this year, global ETF flows have reached $2 trillion, 33% higher than the previous record set in 2022. This surge is attributed to strong performances from ETFs in the United States, Europe, and Asia, all hitting new highs. As a result, the MSCI World Index has risen 22% this year, more than double its historical average annual return.
The US announced a core CPI year-on-year rate of 3.3% for November, in line with expectations; the October CPI year-on-year rate was 2.7%, consistent with expectations and slightly up from 2.6%. The Federal Reserve will lower interest rates, and US stocks will continue to rally.
The cryptocurrency market is closely linked to the US stock market. Wall Street capital is heavily invested in BTC, and a bull market in US stocks will also continue in the crypto market. This wave of the bull market at 100,000 is certainly not the peak. The second half of the bull market has just begun. We can only go with the flow. Buy on the dip and enter aggressively.