$BTC As previously expected, the Federal Reserve has lowered interest rates by 25 basis points, and at the same time, the Bank of England has also announced a 25 basis point rate cut. Central banks around the world are successively lowering interest rates, and China will also introduce new fiscal stimulus policies to respond, further releasing global liquidity.
$ETH The liquidity indicator of the crypto market is the liquidity of stablecoins, and the increase in the total supply of stablecoins always corresponds to the rise in BTC prices. Recently, Tether has issued an additional 2 billion USDT on the ETH network, and ETH has finally started to rise today after the flash crash in August. The market needs the rise of ETH; altcoins need the rise of ETH. Without the rise of ETH, there is no performance space for altcoins; without the chaotic dance of altcoins, it feels like a grand banquet without salt, and the taste will always feel off.
After Trump was elected and the Federal Reserve's interest rate cut took effect, the short-term bullish factors have all landed. After a rapid surge, BTC needs a brief rest and adjustment. If you are fully invested and waiting for a bull market, then there is nothing to do; just sit steadily on the vehicle and wait to enjoy next year's bull market. If you choose to withdraw for safety before the presidential election, then seize this last opportunity to enter before next year's bull market at the end of the year. After entering 2025, only sell and not buy; don’t let yourself be a last-minute buyer then. 🤫
