#加密市场盘整
This week, BTC is consolidating. Altcoins continue to decline.
There are many reasons for this: first, the market has already priced in the expectations of interest rate cuts, combined with a decrease in expectations for rate cuts next year. Second, with Christmas approaching, some retail investors are cashing out. Third, some investors are taking profits. Fourth, there is a short-term correction after a rapid increase.
Currently, it seems that the decline will continue for a while, even if the upcoming interest rate meeting announces a rate cut. I believe it may not necessarily drive the market up. However, the overall trend is bullish, so hold firm and don’t get left behind. $BTC