WILL THERE BE A DISCOUNT ADJUSTMENT SOON?
The market is taking profits before the Fed announces the "Federal Interest Rate" and it is expected that there will be a major market adjustment after this event takes place on November 2.
Personally, I expect November will still be the price increase for Altcoin.
Because, subjectively, the US GDP announced today is almost exactly the same as Forex Factory's prediction, the US economy has grown as expected and there is no need for any strong moves to adjust interest rates. .
Second, if you look at the market capitalization chart, you can see that the volume of new cash flow into the market is still not much. In order for large organizations to take profits, there needs to be a stronger rhythm of attracting cash flow (See chart W of Total - trading view).
So the green leaves ripen once and wait until November to see how it goes. .