The FED cuts interest rates, the market warms up, there are no more $BTC views about 4x, we see a flood of news and articles about Uptrend, the market sentiment changes more rapidly than NYC.
This is a psychological test for those who cut before to wait for 4x to catch the bottom, many Altcoins increase by 30-50%, even some x2 x3. It is very dangerous to jump into coins that are x- because before that you have watched and waited for a good price to buy, it is completely possible to adjust after a few more days, the fluctuation makes you lose direction.
Market growth after 5 months of eating vs decreasing, sw for Altcoin, this is the result of interest rate cuts. Most people expect the FED to lower interest rates, and when they cut beyond expectations by 0.5%, it triggered investor sentiment to believe in the market in the future.
Before a major event, the decisions of the FED and the actions of central banks gradually permeate and directly affect the US economy, so we need to wait to determine clearly.
The best short-term gauge will probably be in December, when companies report Q4 earnings and 2024 results. This is also the time when the US election results are in. I believe this is when the market will have a clear growth trend.
Right now it could be a mini wave for Altcoins to test liquidity, after half a year of hibernation, welcoming new $TON system, legitimizing the news of FED interest rate reduction, etc., so if you start BUYING now, take a long-term view, don't let the market decrease a little and be scared by the bookies and the majority.
Those who still keep the goods even though their accounts are divided, needless to say, no matter how the price goes, they will still hold strong, right?
