Last night, the U.S. producer price index (PPI) data for September was shockingly released, with the annual growth rate falling to 1.8%. Although this value is still higher than the expected 1.6%, its downward trend has already made the market expect that this trend will be transmitted to the consumer price index (CPI), prompting it to continue to fall, thereby increasing the market's bets on the Fed's continued interest rate cuts. When the Fed, although it has been reversing its steps, has irreversibly embarked on the path of interest rate cuts, and the blood-sucking market of the A-share market has temporarily come to an end, the time for BTC to launch a crypto bull market is getting closer and closer. In addition, Dragon II ETH and Dragon III SOL have also shown the Morning Star pattern.
A large number of altcoins have also shown the Morning Star pattern, including AVAX, SEI, OP, FET, ORDI, DYM, etc. This indicates that a comprehensive market rise is coming, and now may be the last opportunity to get on board.
