There is no problem with interest rate cuts. At present, there should be a good opportunity in terms of sentiment in September.
At present, liquidity is low, and some people pull and others dump.
Until the end of the year, the only major positive news that the cryptocurrency circle can see is the passage of FASB. But in fact, it is difficult for the cryptocurrency circle itself to produce large market fluctuations. The most important thing is to look at the macroeconomic situation in the United States.
Because no one is making money now, the liquidity of the entire market is very poor. As long as you dare to go up, you must be liquidity. You must wait until liquidity is restored before investing.
The market currently lacks good and valuable projects that everyone thinks are good for everyone to make defensive investments.
Maybe starting from September, as long as the US economy does not lag behind, the market will slowly start to improve. Q4 may start the main uptrend.