Why do we say that this bull market is really coming? How will the market develop in the future?


Gold is going crazy, breaking through all-time highs. Bitcoin rose by $4,000 in the past week, and Ethereum rose by nearly $300. The crypto industry experienced its best week since September. If it can keep up, the Bitcoin decline curse in September will be broken. Some analysts even said that this is just the beginning, and the next October or even the entire Q4 will usher in a bigger explosion.


What are the factors driving Bitcoin's recent rise?


1. The Fed cuts interest rates, kicking off the rise of Bitcoin


In the early morning of September 19th, Beijing time, the Federal Reserve started a radical interest rate cut, the first in four years, and a direct 50BP reduction, which exceeded many people's expectations. Bitcoin quickly soared and broke through the $62,000 mark.


2. Gold surges


Gold also surged after the Fed cut interest rates. Gold has now exceeded $2,600, and has risen by $540 this year, making it the best year since 1979. Investors are risk-averse, and Bitcoin, as digital gold, has also risen along with gold.


3. Ethereum rebounds, driving market sentiment back to health


Ethereum has bottomed out and rebounded in recent days, boosting the activity of the entire ecosystem. Market sentiment has improved, and all sectors are rising, which also plays an important role in maintaining the price of Bitcoin.


4. Harris publicly announced his support for the crypto industry for the first time


Harris said at a fundraiser in New York yesterday that if elected, she would encourage innovative technologies such as artificial intelligence and digital assets while protecting our consumers and investors. This is the first time Harris has commented on cryptocurrency as a Democratic presidential candidate. People in the crypto industry have always praised Harris.


Public chains are generally rising, which leading coin do you think is good? A comprehensive review of high-quality projects that cannot be missed!

1. Public chain sector

Leading coins: BTC (Bitcoin) and ETH (Ethereum), as the dominant public chains, have extremely high market recognition and rich ecological applications. Potential coins: SOL, BNB, AVAX, DOT, these public chains have performed well in performance, scalability and ecological construction, especially SOL and BNB, which continue to lead in transaction speed and volume.

2. DeFi sector

Leading coins: AAVE and COMP, which are steadily at the forefront in the field of decentralized lending and liquidity provision. Potential coins: CRV, DYDX, RDNT, UNI, these DeFi projects continue to launch innovative financial products, attracting more and more users.

3. AI sector

Leading coins: AGIX and FET, which combine artificial intelligence with blockchain and focus on areas such as data privacy and model training. Potential coins: WLD, NMR, RNDR, with the popularization of AI technology, these projects are expected to find new breakthroughs in the blockchain field.

4. NFT sector

Leading coins: BLUR and LOOKS, which have promoted the development of the NFT market, especially in the field of digital art and collectibles. Potential coins: DYDX (a new application in the NFT field), SUPER, DEGO, the explosion of the NFT market has provided huge opportunities for these projects.

5. Second layer

Leading coins: OP and ARB, these projects focus on solving scalability issues, increasing transaction speed and reducing fees. Potential coins: METIS, IMX, ZKSwap, diversified Layer 2 solutions accelerate the popularization of blockchain applications.

6. GameFi Section

Leading coins: SAND, GALA, MANA, which combine games with finance and set off a GameFi craze. Potential coins: ENJ, PIXEL, ACE, ILV, MAGIC, YGG, these projects continue to exert their strength in the field of game finance, and luck brings surprises.


Let me say something else


Everyone should know that CZ will return on the 29th. The currencies in the Binance-related sectors will rise accordingly. The favorable promotion, coupled with the overall market trend, will all promote the rise!

HOOK is the leading currency in Binance's education sector, and CZ has always focused on the education sector. With this return and the promotion of the big market, HOOK is expected to have a big rise! This is also the bottom of the century, and we expect it to double!