Last night, Bitcoin once again fell below 58,000. Although it has rebounded now, it still looks shaky. The big rise on the 23rd now seems to be the main force taking advantage of the news to blow up the market, which makes many bulls disappointed. Why hasn't it risen sharply? When will the unilateral market come? Historically, the previous Bitcoin production halvings began to slowly climb half a year after it began to rise, and reached its peak a year later. If we cut the boat to find the sword, it will not rise slowly this time until October. Let's talk about the impact of the interest rate cut. Similarly, cut the boat to find the sword. In history, the Fed did not rise immediately after the interest rate cut. Instead, as many people said, the good news turned into bad news, and it fell instead. Finally, after the interest rate cuts were repeated many times, the liquidity became abundant and brought about a big rise in the market. Therefore, the idea of an immediate surge after the interest rate cut is unrealistic and very dangerous. The market is fluctuating now. The main force uses the news to make empty and long positions from time to time. We can only follow the trend and watch the main force perform quietly. If there is another sharp drop, such as falling below 50,000, then buy some more. If not, just wait and see, waiting for the arrival of the time node.
