$1000SATS This wave feels like it's coming, hurry to enter the market
The Federal Reserve's decision to cut interest rates by 25 basis points in November has already been confirmed, and its impact on the market is gradually becoming evident. Historically, when the Federal Reserve cuts interest rates, it usually stimulates the rise of risk assets, especially digital currencies like Bitcoin and Ethereum.
As the second-largest cryptocurrency by market capitalization, Ethereum is likely to break through $3000, or even reach new highs, following the Federal Reserve's interest rate cut. This wave of increase will not only attract more institutional funds but may also drive the explosion of altcoins.
Among them, SATS (a tiered token of Bitcoin, 1000 Satoshi) is a cryptocurrency worth paying attention to. As a potential project in the Bitcoin ecosystem, SATS has maintained relatively stable market performance without experiencing significant rises, but with the increase in Bitcoin's price and the maturation of the second-layer ecosystem, SATS's explosive potential is gradually becoming apparent. Although its price is currently relatively low, the fact that it has not experienced extreme volatility may indicate that it is still in an undervalued range.
Entry strategy:
Short-term rise of ETH: Continue to monitor ETH's price movements; the $3000 key level will be an important psychological and technical resistance point. Once broken, it may drive the flow of funds throughout the entire market.
Due to being in a long-term consolidation state without experiencing large-scale increases, SATS may be the next cryptocurrency to experience an explosion. Use the current pullback range (around 0.000235) to build positions in preparation for future potential explosions.
