2024.7.11

Inflation is starting to go down, and the US dollar index is starting to weaken. I believe the Fed will cut interest rates for the first time in September, and there is a high probability that there will be two rate cuts this year. Combined with the US election at the end of the year, I am optimistic about the market in the second half of the year. USDC issuance is increasing. In addition, recession trading may be next year.