The interest rate cut cycle officially starts today.

According to common sense, the start of the interest rate cut cycle also means the start of the Bitcoin bull market cycle. It has been analyzed before that after three or six months of interest rate cuts (early next year), there is a high probability that it will be a relatively high bull market development stage.

However, the best time to layout may be early August, early September, or early October, but the lowest point may have already appeared. The future shocks are likely to be upward in shocks.

Of course, the cryptocurrency itself is severely controlled. I think it should be called "short-term confusing disk". It does not completely follow the interest rate cut cycle, especially in the early stage. Just like when the interest rate hike began in March 2022, the market fell several months in advance. There was even a short-term pull-up before and after the news was released, but the overall trend does follow the rules.

The interest rate hike cycle is like this, and the interest rate cut cycle is also applicable.

The last round of the Fed's interest rate cut started in July 2019, with a federal funds rate of 2.5%, and ended in April 2020, with a federal funds rate of 0.25%, a total interest rate cut of 225 basis points.

The entire interest rate cut cycle, plus the time of maintaining low interest rates (until the start of interest rate hikes in March 2022), is a bull market for cryptocurrencies.

There was an accident during this period, which was also in line with the trend of the dog dealer, the decline on March 12, but before and after this, it was a matter of big and small increases, and the overall trend was upward.

Therefore, short-term market conditions will deceive people, but long-term cycles will not deceive people.

Maybe this 312 is a copy of the past period of time, but this time the script has been changed, the timeline has been extended, and the effect is almost the same. From a short-term perspective, there is still a need to reduce positions. Although the worst time should have passed, there is still a possibility that the dog dealer controls the market.

Of course, the premise of reducing positions is that there have been purchases at the most recent lowest point. Since the purpose of lowering the average price has been achieved, it is necessary to control the position and not be too greedy. Always thinking about getting a bull market with a full position, the leeks who think this way usually die before the bull market.

However, from a long-term perspective, the layout should have been completed, and you can take the long-term with a controllable position. If you don't buy at the bottom, you may have one more chance at most (in the next three or two months), and then the bottom price will slowly rise without everyone noticing, referring to the market conditions in the first half of 2020. #token2049