Share personal opinion.

#Fed has strongly reduced interest rates by 0.5% (a fairly deep level in 4 years). And the current market sentiment is still quite cautious because of fear of an impending "economic recession". Personally, Trong is not qualified enough to analyze the possibility of a recession, but in general, this will be a good signal paving the way for "new money" to flow into long-term investment channels.

People can simply understand that the Fed's interest rate reduction will create favorable conditions for businesses to borrow capital and use leverage to develop => a signal to pump cash flow and liquidity into the economy. Lower interest rates mean that commodity prices will also decrease + businesses have more capital to develop the economy

=> creating excess cash flow => When life meets all basic needs, people will think about investing money in risky channels such as (Crypto, Stock). Not every interest rate cut will immediately lead to an uptrend, it needs more time to accumulate.

In short: This is a long-term bullish signal, we have to wait 6-8 months to see if the economy is "recession" or not.

If there is no economic recession, there will still be no new cash flow to pump "Altcoin Seasons" in Q4. Everyone be careful!

#BTC