Interest rate cut is coming, Bitcoin is about to sprint to 80,000 US dollars! Which tracks are worth investing in?

Market AnalysisMarket pullback, several reasons

1. The tens of thousands of BTC released by Mentougou continued to bring selling pressure, so the price rose to $65,000 and then fell down;
2. After rising for several days, profit-taking investors flee;
3. The expectation of interest rate cut has been partially released;

4. Big funds are worried about the release of data on Friday and a rebound in inflation.

Before the September interest rate meeting, three important data will be released:

Once PCE, once CPI, and once non-farm.
ETH Analysis:
Although Ethereum is somewhat weak relative to Bitcoin in the recent rebound, judging from the ETB/BTC trading pair, ETH/BTC fluctuated and fell after rebounding to the short-term supply line and conducted three tests.
However, ETH/BTC has broken through the short-term supply line during the oscillation, and the decline is getting slower and slower, and the three tests are close to completion.
Once the three tests are completed, it means that Ethereum will end its weak situation.
This week's focusNvidia’s financial report will be released on Wednesday. If there is a big drop, the AI ​​sector in the cryptocurrency circle will also fall. It is a good time to short sell.
PCE data will be released on Friday. If it is lower than expected, it is positive, but higher than expected, it is negative. BTC may fall.
Overall, the Fed is going to cut interest rates at the next meeting. As for how much, I think the probability of a 25 bp cut is higher. There will be 2-3 cuts by the end of the year.
However, the upcoming interest rate cut may not be a good thing for some investors, because it means that the previous bet on interest rate cuts is coming to an end, and everyone should be careful about the adjustment risks of U.S. Treasuries.
The interest rate cut is about to take effect, will the cryptocurrency market really rise?Let’s analyze the reasons for this round of rise: First of all, it must be Powell’s epic turnaround speech last Friday.
The Wall Street Journal described Powell's speech as "the strongest signal of a rate cut so far."
This wave of speeches removed all the previous obscure words like wait and see, gradually, and in an orderly manner. The market believes that his purpose is to stop everyone from guessing that the interest rate cut cycle has officially begun!
One key point is: the current trend
It does not look like a recession now. The recession has not really arrived yet. The unemployment rate, non-farm payrolls, etc. are still within controllable range. There is no substantial evidence to suggest a recession. Judging from Powell's speech, the Federal Reserve is also guiding the market to think so.
The second focus is the US election and Trump’s coming to power.
Summary: In the fourth quarter, expectations for monetary easing continue to strengthen, and recession has not yet come, so don't worry about a big drop. Finally, there is the Trump narrative. In the medium to long term, as expectations for a Fed rate cut rise and the possibility of a weakening dollar increases, Bitcoin's appeal as a safe haven and hedging tool remains.
Many institutions have even bluntly stated that this annual meeting is equivalent to an interest rate cut, and the market’s reaction has also confirmed this point, so the only suspense in September is whether it will be reduced by 25 basis points or 50 basis points!
Which sectors are worth paying attention to?Looking back at history, we will find that each sector is actually rotating rather than pulling up at the same time. So the rise of the bull market is divided into several waves, and each wave may be pulled up by a different sector. For example, when GameFi broke out completely in the second half of 2021.
There are consortiums behind many projects. They will consider which sectors to hype in this round of bull market, what targets to choose to invest in, etc.
As long as you choose the right track or target, it is very likely that you will seize opportunities of dozens of times return.
However, the market performance of VC coins in this round can be said to be very poor. After the bubble came up, retail investors and VCs did not take over each other, which led to the increase in the last round of unlocking, but the increase in this round of unlocking, the decrease in the market. For example, ARB, OP, etc., and the US stock market sucking the blood of the coin circle also caused the poor performance of VC coins.
So for copycats, are there any quality tracks worth ambushing? (Not discussing memes)
Lao K thinks that the Depin project may be a good opportunity, and Depin can use selling hardware as a breakthrough. There is also RWA. The most important thing about RWA is that it can break the barriers of web2 and web3 in terms of compliance. (There are currently no leading projects in the Depin and RWA tracks. Depin has a greater opportunity in this cycle, while RWA may cross the cycle).