🔥Interest rate cut cycle and altcoin market dynamics!
Market status:
Interest rate cut cycle has begun.
Alt and other altcoins have skyrocketed.
But it is very risky to buy now.
The reasons for the altcoin pull are as follows👇
1. Powell's remarks:
Statement: The US economy is not in recession.
Thereby driving the rise of altcoins.
2. Analysis of skyrocketing currencies:
There are many vc coins, and the dealers pull the market to ship.
3. The nature of interest rate cuts:
The historical cases of cycles saving the economy are as follows👇
2019-2020 interest rate cut cycle:
Bitcoin continues to fall.
50 basis points interest rate cut:
Often accompanied by disasters (such as the 2001 technology bubble, the 2007 financial crisis, and the 2020 COVID-19 pandemic)
Current situation:
Global tensions, wars and viruses spread, and financial markets are vulnerable.
It is not suitable for building positions for the time being.
Waiting for the opportunity of extreme panic to appear.
The long-short ratio of Bitcoin is unbalanced, and the bull market lacks momentum.
In summary, the interest rate cut cycle has begun.
But there are risks behind the surge in altcoins.
Considering the impact of historical interest rate cut cycles and the current global situation.
We should be cautious about the positive aspects of the current market due to interest rate cuts.
Wait for a more suitable investment opportunity.
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