Starting from August, there will be a small local market in the secondary market
1. It is undeniable that it is difficult to have a big market this year. The reason is: there is no innovation in the currency circle itself. The impact of the interest rate cut that may occur this year is not great. It is too early to make a conclusion about the election.
2. The market has experienced a sideways cycle of 4 months since the peak in March this year. Many people have been washed out and killed. Basically, there will be a little wealth effect in the market
3. BTC's correction this year has been a relatively long monkey market, and the downward momentum is relatively low. The script that basically appears every year is that it rises a little in August and falls a little in September, and then it starts to fluctuate upward or rise wildly. The probability is very high.
4. The performance will begin in mid-to-late August, but it will only be a small local market, not too crazy, and the crazy moment should take a long time.
It is expected that the US will cut interest rates by 25 basis points in September and cut interest rates once more before the end of the year. Combined with CPI data, speculation expectations on interest rate cuts, speculation expectations on the timing of the US election and other important node data!
