Last night was data day, the CPI results were announced, and everyone can just Google the specifics. In short, the CPI is in a moderately declining channel. Under these circumstances, if there are no unexpected developments, the Federal Reserve will adhere to the spirit of the September Jackson Hole meeting and continue to lower interest rates to release liquidity. So, I will stick to my position, which I have reiterated dozens of times: a rate cut in December is certain.

And then? Of course, liquidity will be released, leading to an upward move in Bitcoin. Meanwhile, ETH will continue to recover its exchange rate. In this scenario, when Bitcoin is on the rise, the price of ETH will keep hitting new highs. Of course, the price of ETH is still at 4000 now, but we can foresee that 4400 and 4800 will not be particularly far away.

And then? As the leading altcoin, ETH will have two effects. Firstly, as a leading altcoin, it will attract bloodsucking sharks during its rise, causing the altcoin market to differentiate, and strong altcoins will begin to surge rapidly. Secondly, if ETH faces a tsunami, it will suck the life out of weak altcoins, leading to a collapse of the weak altcoins, eliminating the possibility of new highs. Therefore, choosing coins is more important than anything else.

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