Brothers, hello everyone, I am trader Zhu Yici. Today I would like to talk to you about my views on the future market. These are my personal opinions and are not intended as investment advice. They are for reference only.

After the Fed cut interest rates, the market did not fall as most people had predicted. Instead, it ushered in a wave of strong gains. The bulls who held on made a lot of money. At this stage, everyone is starting to worry about a correction, especially as the market has begun to stagnate.

The tragic decline before has taught everyone a lesson, so now that the market has risen a little, everyone feels emotionally that a correction is coming. This stage is also the time when most people throw away their chips. There is no need to be intimidated by a decline. Many people can't stand the sideways fluctuations in a small range and get off the market.

My view is that at this stage the price will grind to a halt, fall sideways, and then take off to a higher price level. Whether it is prediction or market sentiment, these are our subjective judgments. We still need to look at the actual market. We can see that Bitcoin and Ethereum are oscillating in a small range, and Ethereum is even stronger than Bitcoin, standing directly above 2,500 and not coming down.

The overall market style in the future can be summarized in four words: "slow rise and sharp fall." You will see its price rising steadily for a few days, and suddenly one day it plummets, then immediately and quickly closes, and then continues to rise steadily for a few days, and the price fluctuation range continues to rise. By the time you react, you will suddenly wonder why it has risen so much.

Combined with the bottoming trend of altcoins in the previous period, I believe that the main force has completed large-scale position building. I look forward to the altcoin market at the end of the year. The bulls will surely take back everything they have lost!