My opinion on rate cuts
At present, everyone is paying attention to whether rate cuts will bring market gains and the timing of the bull market. Based on past experience, expectations of rate cuts are usually overhyped.
For example, last year's Bitcoin ETF and this year's halving market both showed the gap between expectations and actual results. Therefore, the impact of rate cuts may be similar.
Although rate cuts will boost market sentiment and capital flows once they are actually implemented, this does not mean the beginning of a bull market.
Typically, rate cuts may trigger a short-term rebound, after which the market may fall sharply, and then reverse and rise.
A real bull market may need to wait for more macroeconomic policy stimulus.
For example, if Trump comes to power again, he may launch a series of policies to stimulate consumption, which may further promote the development of the crypto market and bring the currency circle into a larger growth stage.
