Celebrate the Dragon Boat Festival in advance. At the same time, the good news is that STRK in the primary market has been released.
The market is really boring, isn't it? In this era of information explosion and highly competitive attention, boredom has become a rare rest.
Think back, you have been buried in this Internet all day looking for various passwords, and your mind has begun to be exhausted. Now what you want most is the bull market to come quickly, make a lot of money, and then look forward to the end of the bull market and release it.
Some people have started asking in the group every day: Is the bull market gone? I will answer again: No, the bull market has not even started!
The most important question now is when will the bull market come? I think it is not far away. There are two core super good news.
First of all, America has already started to signal a rate cut. America doesn’t have much time to hold on. It is highly unlikely that this will happen in July, so let’s look at the crucial month of September.
The Bank of Canada (BOC) announced a cut in its overnight interest rate target, and Europe followed suit with the European Central Bank and Denmark's National Bank also announcing similar rate cuts on Thursday.
The Bank of Canada cut its policy rate by 0.25% to 4.75% from 5%, citing "persistent evidence that underlying inflation is easing."
The timetable for the Fed's interest rate cut remains uncertain, but the fact that Western countries around the world have begun to cut interest rates suggests that falling global interest rates will enhance the strength of the US dollar.
These allies may now pressure U.S. monetary officials to implement interest rate cuts in the near future, a decision they will not make without first obtaining a commitment from the Federal Reserve to implement such cuts in the near future.
The combination of continued weak global economic data and the recent rate cuts has slightly increased the likelihood of a rate cut in the United States at its meetings in the coming months.
The second outbreak condition is the November election. Not to mention the various favorable policies in the financial circle, candidates from both parties who support the crypto industry are actively promoting their recognition and support for the crypto industry, even to the extent of "comparison".
It is so dramatic. It is a world of difference compared with the past. Now the open attitude towards cryptocurrencies is a key arena in the election.
Trump has opened a cryptocurrency donation website and officially accepts crypto donations - in addition to Bitcoin and Ethereum, it also supports cryptocurrencies such as USDC, SOL, XRP, DOGE, ZRX, SHIB, etc.
Behind all these variables is the fact that the cryptocurrency world is entering the public eye. On the one hand, the crypto user base is growing larger and larger, such as the previous market discussion about 50 million people holding crypto assets in the United States.
That is, the attention of crypto asset holders has begun to increase visibly.
So the 24-year election was centered around cryptocurrency. Now crypto assets really cannot be ignored, just like you who silently hold cryptocurrencies cannot be easily ignored!
If you still think it’s not possible, let’s talk about why the second half of the year is a critical bull market.
We regard the cryptocurrency market as a large capital pool, with tokens as containers that make up the capital pool and prices as water levels. When demand increases, funds will flow in and be injected into containers, pushing up prices.
Therefore, to analyze whether there will be a bull market in the future, we need to see whether a large amount of funds can be injected into the pool.
Injection can be divided into mandatory injection and temporary injection
Have to inject: It is necessary to configure Bitcoin as a hedge, which belongs to the fundamentals
Hype injection: Hot money comes in and takes a turn to trick others into taking over. This is an emotional aspect.
Either way, it’s driving the market higher so what’s next?
At present, the total market value of the cryptocurrency market is about 2.4 trillion, which seems to be insufficient. However, if Bitcoin can double and the total market value of altcoins accounts for 60%, the total market value is 8.4 trillion, which is much larger than the M2 growth in the United States. Looking at my country, the annual growth is about 23 trillion yuan, about 3 trillion dollars, which is difficult to make up for the ideal space of 6 trillion dollars. Therefore, there is a saying that the current market value of the cryptocurrency market is basically the same as the over-issued flood, and its objectivity can be understood.
