The Federal Reserve said that the interest rate cut is coming soon, and the chief investment officer of BlackRock also expects the Federal Reserve to cut interest rates at the September meeting. Basically, everyone's expectations for interest rates have begun to be reflected in the market;
Many people know that the only action I have taken in the past few months is to keep buying. The main reason is that I have always been optimistic about the future market and firmly believe that the bull market has not ended-
The market lacks two things: liquidity + hot spots
Essentially, it only lacks one thing, that is, liquidity, because hot spots are something that can be manipulated manually. Once liquidity is up, hot spots will not be a problem;
I am optimistic about Q4 and 2025, liquidity will be improved, and coupled with the superposition of the general election, Bitcoin will at least break through 100,000 at this stage!
As for altcoins, Arthur Hayes also recently stated in a new article: Altcoins will only return after Bitcoin and Ethereum break through $70,000 and $4,000 respectively.
The end-of-year rise of Bitcoin and Ethereum driven by US dollar liquidity will lay a solid foundation for the sexy altcoin carnival to return.
So, before the next big rise, all my actions are still to observe, buy, and wait!