First, the market expects that there will be a positive impact of interest rate cuts in the near future, and up to three interest rate cuts may be implemented this year. This will effectively boost market liquidity, inject strong momentum into economic recovery, and also have a positive impact on the stock market, cryptocurrency market, etc.
Secondly, looking ahead to next year, the global economy is expected to enter a new round of monetary easing cycle. Large-scale money supply will further enhance market activity, reduce financing costs, promote capital flows and reinvestment, and lay a solid foundation for the rise in prices of various assets.
Furthermore, the US government’s attitude towards cryptocurrencies is changing positively, indicating that more supportive policies and regulatory frameworks may be introduced in the future. This change not only enhances confidence in the cryptocurrency market, but also provides a good policy environment for the healthy development of the industry, and is expected to further promote the value discovery and growth of mainstream cryptocurrencies such as Bitcoin and Ethereum.
Finally, from a technical perspective, Bitcoin and Ethereum have experienced deep trading volume fluctuations and market cleansing in the past three months. This process effectively removed floating chips in the market and accumulated sufficient energy for subsequent increases. As market sentiment gradually warms up and fundamental benefits continue to be released, these two cryptocurrencies are expected to usher in a new round of rising prices, leading the entire cryptocurrency market to recovery and prosperity.
