The beginning of the interest rate cut cycle, at least in the next few years, under the interest rate cut cycle, liquidity and risk markets will inevitably be a long-term bullish process.
However, many traders should distinguish different situations. For long-term traders, long-term bullishness, whether it is buying, buying, buying, or hoarding, as long as the target is well selected, is basically fine.
However, for traders with short-term expectations, the long-term bullishness may not necessarily have a callback, so the buying point and the way of swing trading still need to be carefully considered.
Judging from the current BTC price, there is limited space above. According to the normal oscillation trend, 680 million will be more than 42 days. In my personal opinion, I think the current 68,000 is still not too optimistic.
Although we have no reason to be bearish at the beginning of the interest rate cut cycle, the relatively tense mood, whether it is for the election, the economy, or potential financial risks, may not make many traders too active in the early stage of the interest rate cut, especially high-net-worth traders with large amounts.
I think this may suppress the bullish optimism in the short term.
After the interest rate cut cycle began, I felt that it was more of a mine-clearing process. Is this too pessimistic?