Hello everyone, today is Thursday, June 20, 2024. Macroeconomics. The spot ETF market has been continuously outflowing, bringing some negative effects. At present, the overall situation is rebound + shock, and it cannot be considered that we have come out of the panic, so we still need to be cautious. In the last issue, we talked about the changes in the market value of the historical cycle of the altcoin. Generally, the market value of the altcoin reaches a new high 546 days after the halving, and that should be the place where the bull market is officially declared over. Normally speaking, the bull market will end in October next year, but some people say that the bull market will end in the first half of next year. From the previous two big cake cycles, it usually ends in October of the second year after the halving. So no matter what, at least we know that no one thinks the bull market will end this year. If you look at the rainbow chart of Bitcoin now, you will see similar views. Therefore, I think the next few months may be the last opportunity for accumulation. Whether it is the big cake concubine or the altcoin, we should not focus on the present, but look at it in the long run. #美联储何时降息？