After the volatile market, the direction to be determined depends on the big picture. Whether the interest rate cut in September can be implemented is the beginning of the bull market. If the interest rate cut starts in September, the market of the risk market will begin. The subsequent release of liquidity will only accelerate the outbreak of the market. So we see whether the interest rate cut can start. If the interest rate cut is combined with the economy not in recession, it will skip the stage of economic recession and go directly to the recovery stage. Whether the interest rate is reduced to neutral or stopped in the future, it will not be able to stop the hot market.
Especially for products with large fluctuations such as Bitcoin, when there is no market, it is disliked like stablecoins, but when the market warms up, Bitcoin will rise like a tsunami. There is no commodity with greater investment potential than Bitcoin in the risk market. It is almost September now, and inflation has reached the 2 era. Whether it is short-term data or instability, it is only a matter of time before inflation falls. There is no problem with the recession in the data at present, so it is time to cut interest rates.
There is almost no reason to refuse. Even if there is no interest rate cut in September, there will be no interest rate cut in November or December. This is not an unknown answer, but a natural thing. Therefore, the market will appear in advance. It is a matter of time before Bitcoin breaks 100,000 and altcoins skyrocket. The most important thing now is to choose the track. Choosing a good track is easier than choosing a single currency.