Let's briefly talk about the rebound; after half a month, it has fallen again. Since the last major drop, I have believed that we are currently in a phase that tests one's character the most, and market volatility will also increase. However, I still believe there is a major bull market brewing.
The US dollar index deeply impacts the market. The Federal Reserve has consistently stated that the US economic situation is good, but the reality is otherwise. The two years of regulation following the pandemic have not brought substantial progress, and the problems of inflation and debt remain severe. The pressure of the macroeconomic environment is gradually increasing, leading to more intense fluctuations in the cryptocurrency market. As I previously wrote, the global financial market is brewing a new tsunami after the last bull market. For cryptocurrencies, this is a historic opportunity. In this round of the market, the deep participation of traditional institutions provides sufficient support for the crypto market and may even play a hedging role in the upcoming financial storm.
I have previously mentioned that during the last bull market, people held optimistic expectations, believing that the economic issues following the pandemic could be resolved. However, it currently appears that the problems are far from resolved and have even become more complex. Global capital flows are worse than before the pandemic, which provides possibilities for further development of the crypto market and highlights its potential during future economic turmoil.
In the face of the current market's extreme volatility, we need to hold firm to our beliefs. This is not only a moment that tests one's character, but also a moment to wait for opportunities. Despite the uncertainties in the global economy, it is precisely this uncertainty that provides unique opportunities for the long-term development of the crypto market. The next super market may be just around the corner; what we need is patience and vision.
This is the first time cryptocurrencies have had close contact with traditional financial institutions sent by the government. If Trump can create a favorable macro environment upon taking office, the crypto market will usher in a trading feast even better than the last bull market.
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