At present, the market is still in a weak shock. Although Bitcoin and Ethereum have not fallen much, many altcoins have already pulled back a lot, and many have returned to the starting point.

Most investors are in panic, and the CPI data will be released on Wednesday, and the Federal Reserve will also decide whether to cut or raise interest rates this week.

Many people don't understand why interest rate cuts are good for the currency circle. Interest rate cuts mean more funds will flow into the market, more people will withdraw money from banks for investment, and the liquidity of the market will increase. With increased investment, the liquidity of funds will also increase. If the Fed is unwilling to cut interest rates, it will face higher unemployment rates, which may lead to a vicious cycle, so interest rate cuts are almost inevitable.

Regardless of whether the Fed cuts interest rates, the overall market trend is still positive. We are still in the middle of a bull market, and altcoins will have at least 10 times the potential for explosion in the later period.