The current market situation is indeed very complicated and incredible! But I always believe that abnormal things must have deep meaning.
1. The United States continues to maintain high interest rates, but is unwilling to cut interest rates easily.
2. The high interest rate policy of the United States has made the market nervous step by step, and many debts and collaterals have become difficult to maintain. The economy faces severe challenges.
3. Japan has been quietly selling US bonds to save itself, and some commercial real estate mortgage bonds in Europe and the United States have also suffered losses.
4. The Federal Reserve is also cautiously testing the boundaries and handling possible risks with caution. I think it is impossible for the United States to continue not to cut interest rates, because not cutting interest rates will further aggravate the debt problem, so moderate water is possible.
5. At present, the Federal Reserve is shifting towards a possible rate cut in September.
More than half a year has passed in 2024, and the cryptocurrency market has gradually heated up since November last year and reached a peak in April this year. Many funds are still watching and waiting, and have not yet entered the market to push prices to new highs, so the market is unlikely to have ended.
6. It only takes one month to pull up the market, but it may take three months to smash the market. At the current lows, I don't think people should panic.
The market will gradually recover, and I don't think the market has completely stagnated because capital has not yet withdrawn.
