Will the interest rate cut bring about an increase, and when will the bull market begin?
Let me first talk about my views on the current market. From past experience, the expectation of interest rate cuts is often over-hyped. This situation of evolving from enthusiastic expectations to cold facts is just like the Bitcoin ETF last year and the halving this year. So, the impact of interest rate cuts is similar.
When the interest rate cut is actually implemented, whether it is the market sentiment or the flow of funds, it will definitely play a certain role in promoting the currency circle. However, this does not mean that the bull market has begun. It is very likely to only trigger a short-term rise, and then there may be a decline.
The real arrival of the bull market may have to wait until Trump returns to power. By then, he may implement a series of policies to stimulate consumption, and these policies are expected to promote the currency circle to a broader stage of development.
