Why do we say that there will be a good bottoming market after the first rate cut?

The first rate cut was carried out in 2019 (same as the current situation, both are preventive rate cuts). Judging from the situation before and after that time, the trend of US stocks was extremely tangled, and EMA200 was stepped back as many as 5 times.

There were already 3 retracements before the rate cut on the 18th. It can be predicted that after the rate cut, the market will still be in a tangled state.

Why compare these two periods? Because the market concerns and emotions in these two periods are very similar:

Bulls have reasons for bulls, they believe that the tightening period has ended and entered the easing stage;

Bears also have reasons for bears, they are worried about tail risks, such as whether inflation will recur? Will the economy decline?

It can be expected that in the next month, it will be a process of constantly testing the bottom. And the corresponding crypto market can also usher in a period of repeated bottom shocks.