Will there be two rate cuts this year? Is the alt season really coming?

1: The "small non-farm" data released by the United States this time was lower than Wall Street's expectations, and the labor market further cooled, adding signs of slow economic growth in the United States. Economists predict that the Federal Reserve may cut interest rates twice starting in September

2: Risk assets will benefit. As one of the risky assets, Bitcoin may stand at the integer mark of $100,000 in the next two or three months. In addition, Binance's platform currency has also soared, with a market value of over $100 billion, surpassing Starbucks and Meituan.

3: Some other altcoins have also risen sharply, but I personally think it is too early to judge the arrival of the alt season. In the past bull market, Ethereum would rise only after Bitcoin rose, and then it would rotate to altcoins in various sectors. At present, the Federal Reserve has not cut interest rates, and more funds have not poured into the currency circle.

4: ETH's spot ETF has not yet been approved, so the current rise in altcoins is more of a short-term event stimulus, not enough to constitute a long period of sustained market.

The last time we analyzed the market, BTC started several big positive lines at the 60,000 position and directly reached the 7.15w position. Now, whether it is rising or falling, I personally think that the release of the Fed data next week is the key among the keys. Therefore, before the release of the Fed data next week, whether it is falling or rising, it is a good opportunity for swing trading! Before the trend market comes! What we need to do is to get more principal, near q1un + Wei: BTC88109, and at the same time make the cost of the chips we hold as low as possible! $BTC#山寨季何时到来？ #比特币符文总市值创新高 #现货以太坊ETF获美SEC批准