What is the biggest negative for the cryptocurrency market now?
The realization of the Mentougou incident?
What about others? I don’t seem to see too many factors that can affect the medium-term upward situation.
Judging from the recent remarks of the Federal Reserve, interest rate cuts are on the way, and the probability is September!
Just like the interest rate hikes in the past, the Federal Reserve always releases their expectations for policy changes 2-3 months in advance.
So, now they are actually slowly hyping up interest rate cuts.
At present, the biggest impact on the cryptocurrency market in the medium and long term is still the Federal Reserve’s monetary policy.
After all, the Bitcoin ETF has been passed, and the Flower Street Capital behind it has already pocketed Bitcoin and integrated it into the global financial world.
As Trump said, we must control the future of Bitcoin in our own hands.
Regardless of whether the Bitcoin Conference at the end of July will declare that Bitcoin will be used as a national reserve currency and other countermeasures, at least in the medium and short term, it can be used to hype a band trend.
But there is no doubt that the real violent bull market has begun!
Always full position, always full of tears 🥹 🥹 🥹
Since the first quarter of 23, there has only been an increase in positions, no reduction in positions!
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