The market is volatile. What do you think of the market next? Bullish! There are three reasons: election, interest rate cuts, and new capital entering. 1. Election. No matter which party is elected president, there must be certain benefits to the people and good policies to attract enough votes! The simplest and crudest way is to (release money, give money to institutions and the people) and promise the direction of the economy. This is a very good positive. The election will be held on November 5. According to the last election and the last one, the positive will be gradually released in two months. This time, the good policy will start in early August 2024. 2. Rate cuts. Goldman Sachs, Citigroup, and BlackRock data show that the CPI data in 2024 has a significant decline in inflation. Rate cuts are inevitable. When will the rate cuts be cut? Many institutions and US stock traders will bet on Q3 and Q4. The US dollar is not in recession, but continues to strengthen! (The Federal Reserve has experienced six interest rate hike cycles. After each rate hike, (the money will be released more violently.) This time will be no exception.
3. New capital enters the market. The Web3 industry is regarded as an emerging market with great potential in the next three years. A lot of new capital enters the market, bringing more funds into the market. RWA is a very good track! The world's largest asset management company (BlackRock) is rushing to enter the market. According to BlackRock's official spot Bitcoin exchange-traded fund data, as of May 2, its IBIT's Bitcoin holdings reached 273,824.243 BTC. The gradual outbreak of the wealth effect will bring you more new capital to enter the market.