Views on interest rate cuts

Currently, everyone is paying attention to whether interest rate cuts will bring about market gains and the timing of the bull market. Based on past experience, expectations of interest rate cuts are usually overhyped.

For example, last year's Bitcoin ETF and this year's halving both showed a gap between expectations and actual results. Therefore, the impact of interest rate cuts may be similar.

Although interest rate cuts will boost market sentiment and capital flows once they are actually implemented, this does not mean the beginning of a bull market.

Typically, interest rate cuts may trigger a short-term rebound, after which the market may fall sharply, and then reverse and rise.

A real bull market may need to wait for more macroeconomic policy stimulus.

For example, if Trump comes to power again, he may launch a series of policies to stimulate consumption, which may further promote the development of the crypto market and bring the currency circle into a larger growth stage.

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