At present, the cryptocurrency market is in the transition stage from the early stage to the mid-term of the bull market.

The US dollar will definitely cut interest rates. The US cannot bear the 5.25% interest rate (at this interest rate, large funds do not need to do anything, just deposit in the bank).

The expected time for the interest rate cut is still the second half of the year, later in the fourth quarter, and earlier in the third quarter.

Once the market hypes the expectation of a US dollar interest rate cut and the interest rate cut is implemented, and the interest rate cut will continue next year, Bitcoin will lead the cryptocurrency market through the mid-term and late stages of the bull market.