Let me tell you what I think about the rate cut

At present, everyone is paying attention to whether the rate cut will bring about a market rally 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 a gap between expectations and actual results. Therefore, the impact of rate cuts may be similar.

Although the rate cut will boost market sentiment and capital flows once it is actually implemented, it does not mean the beginning of a bull market.

Typically, a rate cut 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.