Looking back at the history of Bitcoin, we can clearly observe that its market trends tend to show significant volatility from May to October every year. As June approaches, we can’t help but be full of curiosity and expectations for this year’s market trends.
At present, the market's focus is undoubtedly on the interest rate cut policy. Whenever news of an interest rate cut comes out, the market will experience violent fluctuations. However, over time, investors appear to have become less sensitive to expectations of rate cuts. News of interest rate cuts have been hotly discussed and shelved at other times, and this uncertainty has made investors tired. Today, the market expects to see clear policy and economic data to more accurately judge the possibility of interest rate cuts.
For the subsequent release of CPI data, we expect market volatility to decrease. This is mainly because the current market is already in a relatively exhausted state and no longer reacts so violently to new news and data. In addition, summer is usually a time when people go on vacation, which may also lead to reduced market activity and relatively stable market conditions. Based on these factors, I am personally cautiously optimistic about the subsequent market trend, and predict that the market will mainly fluctuate at the daily level.
It is worth mentioning that this year is an election year, and cryptocurrency has become one of the political chips in the election. In some swing states, voters are focused on whether the future president will support cryptocurrencies. This forces politicians to consider making corresponding adjustments in cryptocurrency policy in order to win votes. Regardless of the outcome of the election, this will undoubtedly bring more opportunities and challenges to the cryptocurrency market.
In such a market environment, investors should remain calm and patient. For long-term investors, holding positions patiently is a wise choice; for short-term investors, watching more and moving less is the key to reducing risks. Of course, for those investors who like to take advantage of market fluctuations, now may be a good time to demonstrate their strategies and seize opportunities. But in any case, we should proceed with caution and ensure that we pursue returns while keeping risks under control.
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