The bulls all exploded, turned around and fought back!

When will the bull market of cryptocurrencies come, and how much will it fall before it ends? A comprehensive answer! Ideas for the future market!

As we all know, the bull market of cryptocurrencies relies on the halving of Bitcoin and the interest rate cuts of the Federal Reserve. The halving has passed, so when will the interest rate cuts come?

Now the Federal Reserve is fully hawkish, I think it will take more than three months. First of all, we need to think about what historical circumstances will lead to interest rate cuts? The answer is that the US financial market is not doing well, and the Federal Reserve will cut interest rates, because the essence of interest rate cuts is to release more money, and only more money can save the US stock market.

The current symbol of the US stock market is AI, and the focus of AI is Nvidia. Only when Nvidia has fallen enough will interest rates be cut. And Nvidia is still at a high level, equivalent to the price of Bitcoin at $70,000.

So how long will it take for Nvidia to fall back to the right level? Refer to the fact that it took more than three months for Bitcoin to fall from 70,000 to the present.

Before the interest rate cut comes, the rise and fall of the market are just foreplay. Only after the interest rate cut occurs will Bitcoin break through the historical high. Therefore, it is a safer time to buy after Nvidia has pulled back. The market has been falling in the past few days, and we must be careful of the negative impact of the decline in US stocks.

The US stock market will not open tonight, but external profit control factors have been fermenting, and the entire market is still dominated by weak fluctuations! The short-term pressure above is around 58,300, and Ethereum is around 3,160, which is now very weak. There is basically no rebound, and you can consider going short with a light position at any position. The background is already very weak, and everyone is selling. The technical aspect does not play a big role. In terms of strength, there will be some resistance upward at the 1-hour level, and the short-term support below is around 55,800-53,500. This position can be considered for a rebound. Ideally, there will be a rebound of about 1,000 points! Turn around and do a full U-turn. When the big cake is around 55,000 and the Ethereum is around 2,800, consider short-term operations!

This round, it may be a waterfall! The long-term trend of Bitcoin and Ethereum has been fully sold after breaking 57,000. It is a rational analysis. I am not stubborn. I really don’t know where the bottom is. I have no confidence. If I follow the trend and reach the key position, I will restart the Duojun if there is a favorable environment! This round, I hit the wall and it was bloody. I admit it!Short-term Zuokong hit back, and then restarted the route! $BTC $ETH $BNB #MiCA