Can TRB return to $600 in this round of bull market?
I will briefly explain it here. First of all, TRB cannot return to $600 before the bull market comes, even if the US economy shows strong domestic demand, inflation is repeated, and expectations of economic recession have dropped significantly compared with last year.
In order to maintain its independence, the Federal Reserve may try to maintain economic growth in the election year to keep the market in a state of ample liquidity.
In addition, institutions' expectations for future interest rate cuts are also increasing. The market generally expects to slow down the balance sheet in May or June to hedge against liquidity tightening. These factors may provide liquidity support to the crypto market to a certain extent.
However, the global economy also faces some challenges and uncertainties. For example, due to the uncertainty of votes and specific policies in the two months before the election, risky assets tend to show a volatile decline.
Let's go back to TRB, the monster coin itself. At the end of 2023 and the beginning of 2024, TRB created the first "long and short double explosion" script in the crypto asset market in the new year. How many people have lost money on it? You have to admit that the project party's means are vicious. Try to think that the person who wants your life will suddenly be kind and let you go and serve you comfortably?
It is his nature to torture people constantly. The return of the demon coin may make people who come here to watch the fun rush in. I don't recommend it. After all, TRB's dark history still makes old players feel scared.
